Codelco prepares to take Anglo to the courts

Thursday, 5th January 2012 by Rachel Hall

The on-going fight between Chile’s state-owned miner and Anglo American over Chilean copper assets has escalated this week, with Codelco formally exercising the option it holds over the contested mine and saying it will take its own legal actions after Anglo filed claims in a Santiago court alleging multiple breaches of contract on Codelco’s part.

Codelco is preparing to sue Anglo American next week

Codelco is preparing to sue Anglo American next week (Credit: Jason Morrison)

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