The Chairman of the Board of Codelco, Máximo Pacheco, met with Finance Minister Jorge Quiroz on March 31 to discuss the company’s recent results, ongoing challenges, and future development plans.
Codelco is a key player in Chile’s economy. The meeting highlighted the importance of coordination between economic authorities and the country’s main state-owned enterprise.
During their discussion, Pacheco presented his perspective on Codelco’s strategic role in the national economy. He also reported on progress in operations, structural projects, and partnerships with third parties. Both officials reviewed topics that will be addressed at the upcoming Shareholders’ Meeting scheduled for April 20. At this event, both the Ministers of Finance and Mining are formally briefed on Codelco’s situation as representatives of the President.
Afterward, Minister Quiroz said he valued the visit and found it very informative.
Pacheco said: “It was a very good working meeting. We discussed Codelco, its results, its challenges, and what the next Shareholders’ Meeting will entail. It is very important to have these opportunities to thoroughly review the company’s situation and its projections.”
He added: “Codelco is a strategic company for Chile, making a very significant contribution to the country, its economy, and public finances. Therefore, we appreciate the minister’s interest in learning more about our progress and the challenges we face going forward.”
The meeting reaffirmed how vital it is for economic authorities to work closely with major state enterprises like Codelco.



