Codelco’s financial situation is ‘not critical’, board chairman says

Codelco’s board chairman Oscar Landerretche said the Chilean state-owned company “is not in a critical financial situation”, but faces “significant strategic challenges”, following a report published by a local newspaper on Tuesday July 15.

“It’s certain that the corporation faces a scenario of important strategic challenges that require funding, but the reality is that Codelco has an excellent evaluation by the rating agencies and...

Published

Danielle Assalve

July 16, 2014

13:22 GMT

São Paulo