Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
13 May | Other

Codelco and Rio Tinto plan to increase copper mining volume in Chile — Reuters

Copper
Codelco and Rio Tinto plan to increase copper mining volume in Chile — Reuters

Chilean copper producer Codelco and global mining company Rio Tinto are planning to develop a copper mining district around their joint Nuevo Cobre project in the Atacama region of northern Chile. Codelco representatives reported this as a part of yesterday's announcement.

Moreover, in this statement the company denoted the terms of a new agreement, which involves a creation of a shared committee and joint funding of preliminary studies. They will be carried out during the first year with the possibility of further extension.

According to Rio Tinto’s CEO Jakob Stausholm, one of the key intentions of both companies will be to increase the welfare of the area by creating infrastructure.

Elizaveta Kuzmicheva MarketCheese

Recommended

United States. CFTC Copper speculative net positions. The value of the indicator has increased from 27.2K to 30.3K
19 September
China. Industrial Production (YoY). The value of the indicator has decreased from 5.7% to 5.2%
15 September
United States. CFTC Copper speculative net positions. The value of the indicator has increased from 25.7K to 27.2K
12 September
South Africa. Mining Production. The value of the indicator has increased from 2.5% to 4.4%
11 September
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 26.2K to 25.7K
5 September
Top news
Japan. BoJ Interest Rate Decision. The value of the indicator remained at the same level of 0.5%
19 September
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 4%
18 September
United States. Fed Interest Rate Decision. The value of the indicator has decreased from 4.5% to 4.25%
17 September
Canada. BoC Interest Rate Decision. The value of the indicator has decreased from 2.75% to 2.5%
17 September
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to 0.1%
17 September
All news

Forecasts

Brent sell
Period: 26.09.2025 Expectation: 176 pips
Brent prices decline due to uncertain demand outlook
Technical analysis FA Other Indicators and reports Indicators Fundamental analysis
19 September 2025 267
Emily_Foster
S&P 500 sell
Period: 26.09.2025 Expectation: 100 pips
Selling SPX with $6,620 target
Indicators and reports Chart analysis
19 September 2025 289
Bruce_Powers
GBPUSD sell
Period: 25.09.2025 Expectation: 700 pips
GBPUSD has one more correction target left at 1.348
Hot news Chart analysis Indicators
19 September 2025 272
Tom_Kern
AUDCAD buy
Period: 26.09.2025 Expectation: 740 pips
AUDCAD set to bounce off support as Canadian dollar faces fundamental pressure
TA Other Technical analysis FA Other Indicators Fundamental analysis
19 September 2025 32
Lyra_Moonwell1
Natural gas buy
Period: 25.09.2025 Expectation: 200 pips
Buying natural gas with $3.230 target on seasonal demand and technical pullback
TA Other Technical analysis FA Other Indicators Fundamental analysis
18 September 2025 446
Lyra_Moonwell1
ETHUSD buy
Period: 22.09.2025 Expectation: 10000 pips
ETHUSD set to rise after descending channel breakout
FA Other Chart analysis Indicators
18 September 2025 438
John_Bullard
Go to forecasts