Chile's state-owned copper company has been granted permission for the first time to use its fiscal year profits for reinvestment, aiming to sustain operations and alleviate its debt burden.

On August 10, Codelco announced that it had reached a historic agreement with the Chilean government, allowing the company for the first time to capitalize its $2.422 billion profit for the 2025 fiscal year instead of paying it into the treasury. Codelco plans to use these funds to maintain operations and its project portfolio, reducing the need for additional borrowing. The company stated that it would launch a strategic recovery plan in the coming months.