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Codelco to cut spending by $8bn through 2028 as profit halves

Cecilia Jamasmie | November 29, 2019 | 9:50 am Intelligence Markets News Top Companies Latin America Copper 

Chile’s Codelco, the world’s largest copper producer, will scale back its ambitious $40 billion, 10-year plan aimed at upgrading aging mines after reporting on Friday a 57% drop in pre-tax earnings to September due to a combination of factors including...

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