CODELCO: CORPORACIÓN NACIONAL DEL COBRE DE CHILE By: Maddy Betlach, Grace Owens, Alex Cantarera, Lisa Volpatti, Abby Stein.

Slides:



Advertisements
Similar presentations
Fundamentals of an Investor Pitch The material in this presentation is that of the presenter and does not necessarily represent the opinions of Deloitte.
Advertisements

March 21, 2012 An Advanced Manufacturer in Steel California Steel Industries, Inc. Fontana, CA.
Atlas Copco Group Q4 Results February 2, Q4 - highlights  Order growth continued  Record operating profit –All business areas above 20% operating.
The Caserones Project October 2014 Mr. Héctor Sepúlveda O.
Mr Kleber Silva – Executive Vice President, Head of Iron Ore - ArcelorMittal group December ArcelorMittal in Algeria at a glance UK- Algeria Investment.
Benefits of an Environmental Management System Andrew Frisbie Wabash National Corporation.
SULFUR AND NITROGEN EMISSION TRENDS FOR THE U.S. by Rudolph B. Husar Summary Report by Sarah Lahr ME 449 Sustainable Air Quality 2/4/02.
The Chilean “mining boom”: achievements and shortcomings of an effective mining policy By Eduardo Titelman “Reversing the Resource.
Codelco: Strategic Sourcing
(1) A catalyst for growth Presented by Thomas Knutzen May 18, 2009.
South Africa and Climate Change. Economy Middle-income, emerging market with and abundant supply of natural resources Well developed financial, legal,
Canadian Mining and the China Challenge FOCAL Canadian Foundation for the Americas February 10, 2006.
Created by Group G: Amanda Washington Brian Quinn Rachel Strittmatter Steven Santangelo Sydney Waclawik.
COPPER, THE STORY BY KATY NUNN & CHRIS NEWBOLD SALTLAKE CITY COPPER MINE.
How to Get a Metal Price for a Concentrate
Efficiency in the Energy Industry of China By Shereen McCurter.
Mineral Resources Resources: raw materials used by society.
Chilean Copper: Is it Helping or Hurting us? Eric Mason & Stacey Cherukara.
Bio-Fuels Project & Industry Introduction Dr. Dawne Martin College of Business July 25, 2012.
Mining Industry Investigation By: Katie Marquis 8E.
Global Metals, Mining & Steel Conference MAY 13, 2014 MAY 13, 2014.
Definition of Ecotourism  Ecotourism Kenya defines Ecotourism as, “the involvement of travelers in environmental conservation practices that address.
Freeport McMoRan Copper & Gold Inc.: Financial Analysis
Chapter Five Copyright, John Wiley and Sons, Inc. Chapter Five three Learning Concepts – Chapter 5 1. Understand why countries differ in their overall.
TWO QUESTIONS: DOES THE UK WANT A CHEMICAL INDUSTRY? AND IS IF SO IS THE UK A PLACE FOR THE INDUSTRY TO INVEST AND GROW? Dr Diana Montgomery Deputy Chief.
Opportunities in Chilean Mining Joaquín Villarino President, Chilean Mining Council Asia Copper Conference November 29, 2012.
Transportation—Managing the Flow of the Supply Chain Lecture 8.
Logo L u c k y P e n n y The presentation will begin shortly…
LIFETIME ENGINEERING of Buildings and Civil Infrastructures Thematic Network LIFETIME in figures: Working period: 1/6/ /5/2005 Participation: 96.
An Efficient pooling system of Reusable Transport Items for a better environment.
What are Copper Ores? Ores are samples of earth that contain specific rocks and minerals composed of desirable elements combined with less useful waste.
Presentation at the South African Academy of Engineering Annual Induction Dinner The contribution of the minerals industry to the future of South Africa.
A N N I S T O N A R M Y D E P O T Environmental Management System Implementation at Anniston Army Depot April 8, 2004.
Ian Mundy, Kayla Reddington, Lauren Smith, Laura Watts.
1 © 2006 OSIsoft, Inc. – Company Confidential Energy Management The Infrastructure Approach Dr. J. Patrick Kennedy, CEO and President.
Mining and the Environment. Questions for Today ► What is ore and what are examples of useful ores extracted from the crust? ► What are the different.
Earth Science Daily Challenge, 11/30 There will be a TEST on Minerals and Mining this WEDNESDAY. What QUESTIONS do you have about minerals and mining or.
Canada’s Economy. 3 Economic Questions… What to Produce? –Businesses decide and government approves/denies it How to produce it? –Businesses decide &
Case Study of Copper Prices. S&P on Copper Prices Copper –High (but declining) levels of refined copper inventory due to soft global demand are still.
1 This presentation is to attendees at the Mining Conference hosted by the British & Colombian Chamber of Commerce. The contents are for general information.
Alcoa’s Response to Climate Change Lee Califf Director, Government Affairs.
Mineral Resources II By: Jhulia Mariz C. Sta. Maria.
Reducing spend in secondary packaging with an Integrated Merchandising Supply Chain presented to.
Swedish ports A linchpin in Swedish industry. More than 90% of Swedish foreign trade is transported through a port.
Mineral Resources. What is a mineral resource? Any [ ] of naturally occurring material in or near the Earth’s crust. – Can be extracted and processed.
Zuojia (Zachary) Chen Vignesh Murali Kuralay Seitalina Yili (Eric) Xu Nov. 5 th, 2009.
© 2011 Pearson Education, Inc. Chapter 14: Resource Issues The Cultural Landscape: An Introduction to Human Geography.
Problems in the Mining Industry. Environmental Impact  Air and Water Pollution  Emissions from the mining, smelting and transportation of minerals results.
U4 S2 L5 STSE Textbook Readings pages : Disposable Batteries pages : Rechargeable Batteries pages : Automobile Engines Pages 796:
Multinational Mining Industry ZAMBIA. Population: 14.5 million (2003) Just over 750,000 square km of land – Just over half of Quebec Huge external debt:
Office: BA1015 Office Phone: (806) Managing Innovation and Change Goals, Strategy & the Environment (3) Dr. Tyge Payne.
COPS, 2 nd Mai 2013, H. Leuenberger Promotion of Green Industries in Recycling Heinz Leuenberger PhD Director, Environmental Management Branch.
Lead Pipe Disposal. Overview Background and Project Requirements Top 5 Designs Detailed Final Design Social and Environmental Factors Testing of Design.
Ashley Haskell INTB  Population Million ◦ 4% living under poverty level  Per Capita Income- $15,782  GDP growth rate- 3.9%  Inflation.
Extracting metals.
Aurubis Bulgaria Business and challenges 2013 November 14, Sofia.
Investing in Cameco. About Cameco  One of the largest uranium producers in the world  Headquarters are located in Saskatoon SK.  Leading provider of.
Green Business Forum Embrace Sustainability Luan Shllaku.
Minerals Molly Viner Ursula Miller Period D. What is a Mineral Resource? Occurrence of natural, solid, inorganic or fossilized organic material in or.
Globalization Unit 5.
Indigenous Peoples and Mining in Chile: Perspectives from the Industry
DTH presentation Patricio Lagarini.
Анализа трендова понуде и тражње бакра у свету
New Zealand Aluminium Smelters Ltd Climate Change Approach
Chapter 14: Resource Issues
______________________________
Green Economy Forum 2018 Base Industry and Transition
Presentation transcript:

CODELCO: CORPORACIÓN NACIONAL DEL COBRE DE CHILE By: Maddy Betlach, Grace Owens, Alex Cantarera, Lisa Volpatti, Abby Stein

Chilean Culture Music Folklore to modern to classical Cuisine Assortment of seafood, beef, fruits, and vegetables Sports Soccer Tennis

Industry Analysis: Overview Governmentally-owned copper company Formalized in 1976 President – Minister of Mining Board of Directors (7 members) – elected by President Headquartered in Santiago Five primary divisions: Codelco Norte, Salvador, Andina, Ventanas, and El Teniente Largest copper producing company in the world

Ventanas Division - smelter Transferred from ENAMI in May 2005 Products: cathode copper; gold, silver, and selenium from anode slime left over Industry: Copper, lead, and zinc refining Major competitors: Freeport-McMoRan Copper & Gold Inc., Rio Tinto Plc, Grupo Mexico S.A., BHP Billiton, Xstrata Plc

Ventanas, Cont. Challenges: Revenue growth volatile from year to year (due to supply and demand uncertainty), dependence on natural resource Opportunities: High barriers to entry – start-up costs, many established companies dominate market, dependence on natural resource Interest to Engineering – actual copper smelting process, copper use in other industries (construction, electrical, etc.) Interest to Business – Effects of nationalization of copper/being governmentally owned; truly global competition

Social and Political Impact Hires over 18,000 people Government owned Nationalized under Salvador Allende Interference during a crisis 10% tax on foreign currency sales Receives all excess spending Peoples Reform Benefits for minimum wage Strong government control remained

Environmental Impact Pollution Chuquicamata arsenic River Loa Initiatives to reduce arsenic emissions by 97% Ventanas Division in ,000 metric tons of copper 141,000 kilograms of silver 3500 kilograms of gold 329,000 tons of sulfuric acid Depletion

Copper Smelting Extract copper ore from Earth El Teniente Chuquicamata Transportation Leach heaps Crushing mills

Copper Smelting Oxide minerals Leaching Electrowinning Sulfide minerals Crushing Froth flotation Smelting Electrorefining

Products Shipped to Customers Shipped 1.94 million tons of copper in 2007 Products: refined copper cathodes (99.99% pure) copper concentrates blister or anode copper molybdenum anodic slime sulphuric acid How are products shipped? from major ports: - Chilean port of San Antonio

Environmental Factors Sustainable Development Policy of Codelco, 2003 Spent $733 million on environmental projects: Reduction of smelter emissions Improve efficiency of water and energy use Management of solid and liquid wastes Certified under the International Standard ISO in all its Divisions in 2003 Codelco Good neighbor program A green cover for Chañaral Teniente Voluntary Environmental Agreement The mission of Codelco is to develop in a responsible and agile way, all of its capacity for the mining and related businesses, in order to maximize its economic value and its contribution to the Chilean State in the long-term.

Safety Concerns Smelting Poisonous fumes and dust Excessive heat and noise Electrical hazards during electrolytic processes Open Pit Mining Blasting Fear of slopes caving in

Skills and Engineering Jobs Skills vary from hard manual labor to using engineering techniques to improve output. Most employees have no secondary education and control certain aspects of the smelter Engineers are predominantly used checking the reliability of the equipment and also the copper product itself.

Questions How long does the actual process of turning the copper ore into copper sheets take? Why is Codelco involved in the production of sulfuric acid as well as copper? Codelco is striving produce 50% of the Chilean copper exports, how will this be reached? What is the rate of injury in the plant?

Questions What effects do you think being governmentally owned has had on the company overall? How do you handle competing in a truly global market? Has the volcano in Iceland affected shipping? How much does public opinion affect your operations?