Annual review 2015–2016

Codelco – asset
investment
programme
Investing in value
Codelco, the world’s largest copper producer,
has nine key assets across Chile’s northern and
central copper mining regions, together with a
number of related mining investments in other
parts of Latin America.
In a challenging commodities marketplace,
Codelco is currently prioritising a number
of brownfield expansion projects to increase
productivity and maximise value from its
existing asset base.
Providing clarity and control
We are supporting Codelco across its portfolio
of assets, providing independent assurance of
project baseline cost and schedule, and improving
predictability of outturn costs. We are also giving
contract services support, introducing best
practice in the development and implementation
of contract administration processes, and training
to support deployment across the programme.
USD16bn
spend programme
9
key assets across Chile