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CHILE

(Bloomberg) --

  • Codelco, the world's biggest copper producer, has some calming words for traders concerned that a Covid-19 resurgence in Chile will disrupt supply of the metal.
  • "Definitely not," Chairman Juan Benavides said when asked if a tightening of restrictions this week would interrupt the company's operations or shipments. In an interview Tuesday, he said Codelco managed to increase first quarter output despite a surge of infections in Chile. "So far this year, we have a production credit."
MNI London Bureau | +44 020 3983 7893 | jack.lewis@marketnews.com
MNI London Bureau | +44 020 3983 7893 | jack.lewis@marketnews.com