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

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 […]