Codelco reports $4.85 billion pre-tax profit for 2025

The Chilean state-owned miner reported a pre-tax profit of $4.85 billion in 2025. Annual copper production rose by 0.5% to reach 1.33 million metric tons.

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The state-owned mining giant of Chile, Codelco, has officially reported a pre-tax profit of $4.85 billion for the 2025 fiscal year. As the world's largest producer of copper, the company plays a central role in the national economy, remitting the entirety of its profits to the government treasury.

Mining personnel navigate a tunnel within the El Teniente copper facility, recognized as the globe's premier underground copper extraction site, situated close to Rancagua. REUTERS/Fabian Cambero
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