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Codelco Set To Reduce Shipments To China In 2023

CHILE
  • Codelco is set to cut shipments of refined copper to China next year after extended outages at its smelters and strong demand elsewhere, according to a person familiar with the matter. (Bloomberg)
  • The Chilean mining giant will reduce shipments to customers under annual contracts for 2023 by around 10%, in line with the decline in its refined metal production.

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