https://www.miningweekly.com

Codelco taps new chief amid push to grow output

21st August 2023

By: Reuters

  

Font size: - +

SANTIAGO - Chile's Codelco, the world's largest copper producer, announced on Friday it has named Ruben Alvarado as the company's new chief executive, an executive who boasts executive experience in mining, airlines and port management.

The company said in a statement Alvarado has been picked after an exhaustive search to replace Andre Sougarret, who stepped down in mid-June for personal reasons and unspecified "complexities" in running the firm.

The shake up at the top comes as Codelco battles to boost production of the red metal from its lowest level in 25 years, while also cutting ballooning costs.

At the same time, the miner is juggling the demands of leading a government-led strategy to grow output of the coveted battery metal lithium, but under tighter state control.

New CEO Alvarado is a chemical engineer and was a general manager of the Teniente mine division between 2000 and 2004. He was also an executive at LAN Airlines between 2007 and 2012, and general manager of the San Antonio Port Company between 2004 and 2005.

Edited by Reuters

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION