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Chile copper miner Codelco to cut cash costs

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COPPER
Chile state copper firm Codelco said on Wednesday it was looking to slash costs by around $0.50/lb as it tries to readjust to a slide in the price of the base metal. Codelco, the world's biggest copper producer, is aiming to make the reduction over the next ten years, said CEO Nelson Pizarro at a company event.
 
 
 
 
 

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