VOICED : Codelco revierte numeros rojos y gana 500 millones de dolares

VOICED : Codelco revierte numeros rojos y gana 500 millones de dolares

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Interactive Video

Business, Social Studies, Other

9th - 12th Grade

Hard

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In 2016, CODELCO, the world's largest copper producer, successfully reversed its financial losses by reducing costs by 9%. This led to a significant increase in revenue, allowing the company to exceed its financial goals by 74%, despite an 11% drop in copper prices. CODELCO's efforts resulted in a recovery from a $1.3 million loss in 2015, bringing satisfaction and pride to the company. Chile, with CODELCO's contribution, remains a leading force in global copper production, accounting for nearly a third of the world's supply.

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3 mins • 1 pt

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