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Codelco 2008 earnings shrink to US$4.97 billion

March 4, 2009 @ 3:39 am In Moly Company News

Chile's Codelco revealed a sharp decline in its pre-tax profits last year to US$4.97bn from US$8.45bn in 2007. Codelco's molybdenum production dropped to 21,000t in 2008 from 28,000t the prior year.

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