The stock ignored news from Zambia where President Edgar Lungu said he would not allow the firm to lay off workers at its Mopani Copper Mine, as it mothballs it for 18 months.
The drastic move makes of Codelco the mining company that has let go the highest amount of workers in Chile since copper prices began their decline over a year ago.
According to the United Nations Environmental Programme, an estimated 50 million tons of electronic waste are generated around the world every year. What's more, the metal deposits found in many types of e-waste can be 40 to 50 times richer than the raw ore extracted from mines.