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Codelco is almost not increase production of copper

Chilean state-owned company of Codelco, is likely to produce this year, 1.7−1.8 million tons of products. «Approximately 80% of the total volume of the issue is necessary for refined copper», — said Vice President of Finance Jose Antonio Alvarez (Jose Antonio Alvarez).

Last week Codelco reported that production in 2010 will not exceed last year's level — 1.7 million tons.

As for supply lines, then, according to Jose Alvarez, more than half of the copper released of Codelco, will be in China.

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