INSUBCONTINENT EXCLUSIVE:
This bold move aims to increase mining investments by 53%, focusing on production boost and structural project revival.The Chilean Copper
financial landscape shows concerning signs
The company posted $541 million in losses for 2023, while carrying a hefty net debt exceeding $20 billion
Internal sources include depreciation, amortization, and tax deferrals, plus a government allowance to retain 30% of profits until
2024.However, these measures may fall short of meeting investment needs
Financial metrics raise red flags
Downgrades Threaten Investment Plans
ambitious growth plans with financial prudence
trajectory in the coming years.
