Chilean Copper Giant Codelco to Invest $3B in Environmental Projects Through 2020

摘要

Chile's state mining company Codelco will invest the equivalent of $3 billion in environmental projects through 2020 as part of an overhaul of its aging mines and smelters, according to chief executive officer Thomas Keller. The company, the world's largest producer of copper, is planning to invest $27 billion through the end of the decade to modernize its operations. More than 10 percent of this total will be used to avoid, mitigate, or compensate for the impact of these projects on the community and the environment, Keller said May 8.