Former US Secretary of State Mike Pompeo joins ACG Metals board
Pompeo joins ACG as part of a strategic partnership the firm has signed with Impact Investments LLC, where he is executive chairman.
Codelco just registered its worst month of production in almost 18 years as the Chilean state behemoth struggles to maintain its status as the world’s top copper supplier.
Management has been saying for several months that output is bottoming out after setbacks at mines and projects, but the numbers for April don’t show any recovery.
That’ll happen in the second half, according to the latest guidance from chairman Maximo Pacheco.
(By James Attwood)
Read More: Copper output from Codelco slides 6% in April
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