Chilean copper giant Codelco COBRE.UL reported gross profit of $3.12 billion for 2023, the state-owned producer said in a filing on Thursday, a 34% dip from a year earlier after the state firm faced operational and production challenges. Codelco, the world's top copper miner, posted production of 1.325 million metric tonnes for the year - its lowest level in a quarter century - according to the filing, compared to 1.446 million tons in 2022.
https://www.nasdaq.com/articles/chiles-codelco-posts-2023-profit-dip-as-production-falls
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