Codelco, Saudi Arabia eye joint copper investments
The collaboration could also extend to lithium, as Saudi Arabia seeks to import the battery metal from Chile for domestic processing.
Brazilian miner Vale SA has resumed operations at its Salobo copper mine, which were suspended on Oct. 5 due to a fire that affected a conveyor belt, it said on Friday.
Vale said in a securities filing that it expects to ramp up its copper concentrate output in Salobo by Oct. 25, adding that the impact from the halting of its production reached about 8,000 tonnes. It is still investigating what caused the fire.
(By Gabriel Araujo; Editing by Stephen Eisenhammer)
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