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Codelco sees limited impact from one-day strike: exec

Keywords: Tags  Corporación Nacional del Cobre de Chile, Thomas Keller Lippold, Codelco, strike, labor, Radomiro Tomic Mine, copper, Andrea Hotter

SANTIAGO, Chile — A pending one-day strike at copper producer Corporación Nacional del Cobre de Chile (Codelco) will have only a limited impact on production, president and chief executive officer Thomas Keller Lippold said.

The strike, which is widely expected to take place this week, is "normal" in an election year, he said, noting that the labor action will likely be short and Codelco doesn’t anticipate any significant production losses.

Codelco miners returning to work after a recent strike at the Radomiro Tomic open-pit mine agreed to work longer hours to recover lost production.

The Santiago-based company produced some 1.76 million tonnes of copper last year.

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