December 18, 2017 / 4:10 PM / a year ago

Chile president elect says Codelco needs strong management, efficiency

SANTIAGO (Reuters) - Chile’s President-elect Sebastian Pinera said on Monday state-run copper producer Codelco needed strong management and improved efficiency, a day after defeating his centre-left rival by nine percentage points.

Pinera described Codelco as reinventing itself and revising projects and said it could need more investment. Chile is the world’s top copper producer and exporter.

Reporting by Antonio De La Jara; Writing by Caroline Stauffer; Editing by Meredith Mazzilli

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