Chilean state copper producer Codelco has increased the volumes sold into annual cathode supply contracts for 2021, its chief commercial officer Carlos Alvarado told Fastmarkets this week.
Codelco produces around 1.7 million tonnes of copper per year - equivalent to 7% of the world's total.But as imports into the major markets of China and the United States continued to grow markedly compared with previous years, the company managed to secure larger sales volumes...