Chile's Finance Ministry to give $600 mln in funds Codelco

miércoles 28 de octubre de 2015 08:48 GYT
 

SANTIAGO Oct 28 (Reuters) - Chile's Finance Ministry said on Wednesday that it will give state-owned copper miner Codelco $600 million in funds to finance its investment plans.

The world's largest copper miner, which was nationalized in the 1970s, gives all its profits to the Chilean state, and is funded in part by the return of some profit and in part by issuing debt. (Reporting by Anthony Esposito)