YIEH.COMRegisterForgot your ID? About Yieh Corp. Español Contact UsInquiry Now 
Search
 
Market News
Expert Article
Useful Link
Conference & Exhibition
Market News Archive
Key Word
Search By
Date
Classification
Region
Finance and economy ... more
Codelco to complete $27 billion investment by 2016
National Copper Corporation of Chile (Codelco), the world’s largest copper producer will increased the investment by US$8 billion during 2012 and 2016 due to higher costs. The total investment will reach US$27 billion.

The company stated that it planned to increase the investment as the costs of some organization project was estimated to rise by US$5 billion during 2012 and 2016.

In addition, the costs of some developing projects have surged substantially. For instance, the investment of underground mines in Chuqui increased to US$3.7 billion and the investment of Radomiro Tamic Fase II rose to US$5 billion.


News Date 5/10/2012 8:30:28 AM reported by Ruth Wang
Related News
No 6, E-Da Road, Yanchao Dist., Kaohsiung City, Taiwan, 82445 R.O.C. │ Tel : +886-7-615-1000 │ Fax : +886-7-615-3000
Copyright (c) 2014 Yieh Corp.. Al l rights reserved Skype to us |Privacy Policy | E-mail: ec@yieh.com