Chilean president says copper giant Codelco to remain state-owned

Chilean President Sebastian Pinera said Thursday the country’s copper giant Codelco will remain state-owned in a bid to ease fears that the company will be privatized.

Codelco, the world’s largest copper-producing company, “belongs to all Chileans,” and any attempt to privatize it was to be ruled out, Pinera said.

696 0

More Europe News