Vale is not seeking new partners for its Base Metals unit following a recent equity sale, CEO said.

The world's largest copper producer said the blaze occurred Sunday in the aging mine's concentrator plant, where work is underway to extend the productive life of the mine by decades.

Russia was previously a major supplier of copper to the European Union.

The world’s metal traders are enduring one of their toughest periods in years.

Production is forecast to exceed usage by 467,000 metric tons in 2024, a significant upward revision from the expected 297,000 metric ton surplus from April.

There were no physical injuries to personnel in connection with the incident.

Alejandro Rivera has been closely involved with Codelco's lithium strategy for years.

Chairman Pacheco also said the company would maintain capital spending next year at $4 billion, roughly in line with 2023.