📈 Business
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Bloomberg
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Codelco Sees War Disruptions Adding 5% to Cost of Making Copper
Top copper supplier Codelco expects disruptions from the Middle East war to raise its production costs by about 5%. This is one of the first quantified cost increase estimates from a major mining company. The conflict is impacting supply chains and logistics.
Top copper supplier Codelco expects disruptions from the Middle East war to lift its production costs by about 5%, offering one of the first quantified inflation estimates from a major mining company.