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Home > Codelco makes a $500 million bid for a 10% stake in the Quebrada Blanca copper mine: a strategic move against BHP expansion

Codelco makes a $500 million bid for a 10% stake in the Quebrada Blanca copper mine: a strategic move against BHP expansion

5 September 2024 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

Chilean state-owned mining company Codelco announced on Tuesday a $500 million bid to acquire a 10% stake in the Quebrada Blanca copper mine, controlled by Canadian company Teck Resources, from Chile's other state-owned company, Enami. This deal could mark a significant turning point for the future of the Chilean and global mining sector, given the […]

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