Codelco Chairman Welcomes U.S. Decision to Exclude Copper Cathodes from Tariffs
Codelco Applauds U.S. Tariff Exemption on Copper Cathodes: Positive News for Chilean Exports
The chairman of Codelco, the world’s largest copper producer, expressed optimism on Wednesday regarding the United States’ decision to exclude copper cathodes from newly proposed tariffs.
“A preliminary reading suggests that tariffs will not be applied to copper cathodes, allowing us as a country to continue supplying that market,” said Máximo Pacheco, chairman of Chile’s state-owned mining company, in an interview with Reuters. “It’s good news for Chile and for Codelco.”
Chile is not only the world’s leading producer of copper but also the largest exporter of copper cathodes to the United States.
The exemption ensures continued access to a key market, safeguarding trade flows and reinforcing Chile’s strategic role in the global copper supply chain.
