The market is shifting and the country’s position as the second-largest exporter of thermal coal and largest supplier of coking coal is under threat

Miner disappoints with adjusted net earnings of $849m while $231m of impairments from soured investments and losses drag reported net earnings to $620m

Under the loan refinancing agreement, Codelco’s debt to be cut, maturity extended and interest rate cut while the Japanese trading house expands stake in Chilean venture