Codelco to focus on organic copper growth, not M&A, chairman says: CESCO

Codelco will continue to grow organically by developing its vast copper reserves and existing mining base instead of pursuing mergers and acquisitions (M&A), the company’s chairman Maximo Pacheco told Fastmarkets.

In an interview during the annual CESCO week in Santiago, Chile, Pacheco said that Codelco held the world’s largest copper reserves, a central enabler in the energy transition due to...