Reuters
Chilean President Gabriel Boric told a major copper industry conference on Wednesday he expects production at state-run miner Codelco to grow slowly this year and reach 1.7 million metric tons by 2030, and that he sees copper prices rising. "The Codelco production will rebound," he said, offering a vote of confidence for the country's top copper producer whose output last year hit a quarter-century low, at 1.325 million metric tons. At a time when global companies have raised concern about long approval times for new mines and expansions, he said Chile, the world's biggest copper producer, is dedicated to speeding up the permitting process for mining projects.