Codelco to lower 2025 copper target after El Teniente accident

Chilean copper miner Codelco will lower its 2025 production guidance after an accident at its flagship El Teniente mine knocked 33 000 metric tons off the facility's output, executives said on Wednesday.

El Teniente is now forecast to produce 316 000 tons this year, CEO Ruben Alvarado told a congressional hearing about the accident.

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