Codelco’s 2025 copper production hits 1.332 million tons: Chilean media

Reuters | January 5, 2026 | 9:46 am Markets Latin America Copper

Codelco, Collahuasi copper mine production up in December - Chile's Cochilco

Collahuasi copper mine in Chile. (Image courtesy of Minera Collahuasi)

Copper production at Chile’s Codelco reached 1.332 million metric tons in 2025, slightly improving on its 2024 production figure, local newspaper La Tercera reported on Monday.

Citing sources, La Tercera said Codelco’s production had reached 1.332 million tons last year, just a 4,000-ton increase from the 1.328 million tons produced in 2024.

Codelco did not immediately respond to a request for comment on the production figure.

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Codelco chairman Maximo Pacheco in recent days had said production increased in 2025 compared to a year prior.

“We can share the good news with the country that Codelco, this 2025, had a slightly better production than in 2024,” Pacheco told local radio station Cooperativa on Friday.

Codelco has been struggling to boost production due to lower ore grades and operational issues, and faced another setback last year after a deadly accident at its flagship El Teniente mine in July.

Despite that, the company was able to register higher production in the first nine months of the year, but cut its 2025 production forecast in November.

(By Fabian Cambero; Editing by Gabriel Araujo and Bill Berkrot)