Codelco’s president, Oscar Landerretche, assured that if the situation of the copper prices get worse, they would make serious adjustments of staff at the company.
“Im not in conditions to guarantee that we are not going to make staff’s adjustments”, stated the executive.
Landerretche pointed out that The Chinese situation still without a solution, thus, there are uncertainties and the economic scenario could get worse.
The red metal has been falling for 5 consecutives days and only today the drop in prices stopped, due to a small rise.
However, the rates are alarming due to this is the worst record since 2009.