Chile's Codelco expects flat copper output in coming years, chairman says

Freeport-McMoRan, Inc.

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- Chile's state-run copper miner Codelco expects production to be "stationary" in the coming years, with output at a level similar to its current one, chairman Bernardo Fontaine said on Wednesday.

He added that an expansion at the El Abra copper mine, where Codelco is a partner alongside majority-owner Freeport McMoran, could be a good option to focus investment.