Soaring demand for copper will help drive mergers, BHP CEO says
Demand for copper, a key element in the energy transition, is set to rise by 70% to 100% by 2050, Mike Henry said
Chilean state miner Codelco said on Monday it had terminated its contract with Canadian company SNC-Lavalin Group Inc at its Chuquicamata mine in northern Chile, accusing the engineering firm of failing to comply with its work commitments at the world’s largest open pit mine.
World top copper miner Codelco said the $260 million contract with SNC-Lavalin had included engineering, supply and construction operations at its copper smelting plant.
(By Fabian Cambero and Dave Sherwood; Editing by Grant McCool)
