Codelco: World’s Largest Copper Producer Faces Insolvency Risk Thanks to Rising Debt Levels

Chile’s leading copper producer, Codelco, is finding itself in troubled waters. This is according to a report by Chile’s Centre for Copper and Mining Studies (CESCO), which revealed that the company— the world’s largest copper producer, stands on the brink of insolvency. The primary culprits? Escalating costs and a swelling debt burden due to underperforming … Continue reading Codelco: World’s Largest Copper Producer Faces Insolvency Risk Thanks to Rising Debt Levels