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Chile lets state copper miner keep profits for first time in 50 years

UPI
August 12, 2026 at 4:22 PM
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Chile lets state copper miner keep profits for first time in 50 years

The Chilean government government authorized state-owned mining firm Codelco to retain 100% of 2025 profits -- the first time in more than 50 years.

The Chilean government government authorized state-owned mining firm Codelco to retain 100% of 2025 profits -- the first time in more than 50 years.