Codelco reported modest copper production growth in 2024, raising hopes for a turnaround and plans to expand into lithium production.

Copper production at Chile's Codelco, the world's largest producer of the metal, was "slightly higher" in 2024 when compared to the previous year, Chairman Maximo Pacheco said in an interview with a local newspaper on Monday.

In a year marked by both challenges and achievements, Codelco, one of the world’s leading copper producers, has seen a modest increase in its copper production for 2024. This positive development was shared by Chairman Maximo Pacheco in an interview with the local newspaper Diario Financiero.