Codelco Company Description
Codelco is a different kind of high-energy copper top. Corporación Nacional del Cobre de Chile (Codelco) is the world's top producer of copper (ahead of Freeport-McMoran Copper & Gold), controlling some 20% of the world's known copper reserves and mining around 1.8 million tons of copper annually. Among the companies Codelco sells to are units of such diverse multinational giants as LG (South Korea), Outokumpu (Finland), Southwire (the US), and Wieland Werke (Germany). It is also a major producer of molybdenum (used for ferroalloys). Codelco's joint development partners on projects include the Canadian Barrick and the Mexican miner Industrias Peñoles.
View the Comprehensive Company Description for Codelco
The Company Description provides a historical perspective of Codelco's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Codelco's evolution in the marketplace.
