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Chile faces copper smelting dilemma

Smelters in Chile are "sort of a monument to the Cold War", when compared with modern plants in France, Germany and Japan, Codelco's chairmanĀ has said.


THE top copper-producing nation is facing one of its most important decisions in decades: invest billions to overhaul antiquated smelters or close them down and ship more unrefined material to Asia or Europe.

Chile, which supplies a third of the world's copper, has...