By Fabian Cambero
SANTIAGO (Reuters) – Chilean state-owned Codelco, the largest copper producer in the world, will start a “path to close” the troubled Ventanas smelter according to a union source.
“The board of directors decided to start a path to close the Ventanas smelter,” said a union source who asked to remain anonymous because of the sensitivity of the meeting.
Workers at the state-owned company had threatened to strike if the board of directors failed to make necessary investments to update the smelter.
(Reporting by Fabian Cambero; Writing by Alexander Villegas; Editing by Sandra Maler)
