Amid volatile copper markets and tariff uncertainties, Codelco chairman Maximo Pacheco stated that fundamentals remain unchanged. The company announced plans to invest up to $5.6 billion in 2025 to modernize its aging mines, restore production to pre-2020 levels, and expand into the lithium market through a key deal with SQM.

Codelco, in partnership with SQM, is negotiating a governance model that grants Chile's Indigenous communities an active role in overseeing lithium extraction and environmental safeguards in the Atacama, as part of the nation’s shift toward state-led, inclusive mining practices.

On January 10, 2025, Codelco was acknowledged as the top performing company in human rights and sustainability in the mining sector, achieving the highest evaluation score in the 3° Diagnóstico sobre Empresas y Derechos Humanos 2024 by the UC and OIT. The report highlighted significant improvements in governance, risk management, and remediation mechanisms, underscoring Codelco’s commitment to integrating human rights into its operational strategies.

Codelco's Vicepresidencia de Proyectos and the Sindicato de Profesionales y Administrativos have finalized a collective bargaining agreement effective on December 1, 2024, lasting 36 months and approved by 89% of votes. This agreement reinforces the company's commitment to sustainable, responsible mining and fair labor practices.

The article reports that Chilean deputies and workers accuse Codelco of engaging in abusive practices and carrying out unjustified dismissals, suggesting that the company is operating outside the law and neglecting worker rights.

Codelco executives participated in congressional hearings to report on the company’s financial performance, including a significant treasury contribution in 2023, while also outlining production results and future lithium projects. This public accountability underscores the company’s commitment to transparency and reinforcing democratic oversight.

On December 18, 2023, Codelco, in collaboration with SQM, agreed to hold roundtable discussions with indigenous community representatives regarding the Salar de Atacama lithium project. The talks aim to ensure sustainable practices through early community participation and adherence to international treaties, such as ILO Convention 169, emphasizing transparency and respect for indigenous rights.

Codelco, the world's leading copper miner, reached contract agreements with three unions, including negotiations at its Ventanas division and in Santiago, helping to avert potential strikes and reinforcing worker rights.

Codelco, the world’s top copper producer, reached contract agreements with three unions, including an early deal with two unions at its Ventanas copper refinery and a 30‐month contract with the supervisors’ union in Santiago. The agreements, which garnered over 70% and 92% approval respectively, were instrumental in averting a potential strike and reinforce the company’s commitment to upholding workers' rights.

Codelco reached an agreement with unions to end the strike at the Chuquicamata mine. The new 36‐month labor contracts include a 1.2% wage raise, bonuses, improved health insurance, and a benefit plan for former workers. While the deal addresses immediate workers’ demands, the planned transition to underground operations may lead to 4,500 roles being made redundant.