Salem Radio Network News Friday, March 27, 2026

Business

Chile’s Codelco reports $4.85 billion pre-tax profit in 2025

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SANTIAGO, March 27 (Reuters) – Chilean state-owned Codelco, the world’s largest copper producer, on Friday reported a pre-tax profit of $4.85 billion in 2025.

The company, which remits all its profits to the government, reported that its own production totaled 1.33 million metric tons through December, an increase of 0.5% compared to 2024.

(Reporting by Fabian Cambero and Natalia Ramos; Editing by Sarah Morland)

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