Chile's state-owned Codelco reported a modest increase in copper production for 2024, with output rising by 3,000 to 4,000 metric tons from the previous year. Although small, the production growth has raised hopes that the mining giant will stage a turnaround and help alleviate anticipated copper shortages by the decade's end.

In a year marked by both challenges and achievements, Codelco, one of the world’s leading copper producers, has seen a modest increase in its copper production for 2024. This positive development was shared by Chairman Maximo Pacheco in an interview with the local newspaper Diario Financiero.