Codelco expects to lift copper output by 10 000 t this year

Chilean State-run miner Codelco is expected to produce 1.344-million metric tons of copper in 2026, up about 10 000 tons from last year, Chairman Maximo Pacheco said on Monday.

Speaking to Reuters on the sidelines of the Future Minerals Forum in Riyadh, Pacheco said that Codelco, the world's largest copper producer, achieved copper output of 1.33-million tons in 2025. It also produced 100 000 tons in partnerships with other companies.