Disclaimer

Although the CODELCO has taken reasonable care to ensure that information published on this website is accurate and complete as at the date of publication, it does not warrant the accuracy or completeness of any information contained in or referred to in the material on this website. The information published is subject to change without notice. CODELCO and its directors, employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, the material contained on this website whether or not caused by a negligent act or omission. If any law prohibits the exclusion of such liability, CODELCO limits its liability, to the extent permitted by law, to the re-supply of the information.

Content and information provided by third parties other than CODELCO is identified clearly where it appears. CODELCO publishes this content as supplied to it and is not responsible for its accuracy or completeness. Any potential investor should take appropriate steps to verify this information and seek independent financial advice before acting upon it.

The information contained on this website does not constitute or form part of an offer or any solicitation to any other person or to the general public to subscribe for or otherwise acquire securities issued by Codelco in any jurisdiction or an inducement to enter into investment activity, nor shall it (or any part of it) or the fact of its distribution or availability, form the basis of, or be relied on in connection with, or act as any inducement to enter into, any contract or commitment or investment decision.

This information is only for persons having professional experience in matters relating to investments and must not be acted or relied on by people who are not relevant persons.

Documents provided on this website are only current at the date of those documents, or as stated in those documents. Access to documents through this website is provided for informational and reference purposes only and does not constitute an offer or the solicitation of any offer or sale by any member of CODELCO in any way. The information provided on this website is not intended to constitute investment advice and should not be relied upon in connection with any investment decision. Any potential investor in CODELCO or in any other company should seek independent financial advice and read all relevant documents relating to CODELCO or any other company including its reports and accounts and prospectus. The past performance of CODELCO cannot be relied upon as a guide to its future performance.

The material on this website in relation to the borrowings of CODELCO is provided for information and as a matter of record only.

Forward-looking statements

Certain statements contained in the materials on this website may constitute 'forward-looking statements'. These statements may include words such as "anticipated", "believe", "intend", "estimate", "expect", "preliminary" and words of similar meaning. All statements other than statements of historical facts included in this presentation, including, without limitation, those regarding the Company's financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to the Company's products and services) are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. These forward-looking statements speak only as at the date of those documents. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Reserves and Resources

As an Industry Standard, Codelco divides its mineral holdings into two categories, reserves and resources. Resources are ore bodies of economic value that have been identified and evaluated through exploration, reconnaissance and sampling. Reserves are the portion of the resource that can be extracted based on an economic, environmental and technological analysis set forth in the mining plan. Reserves and resources are both subdivided further, based on the degree of knowledge that Codelco has of their extent and composition. The system used by Codelco for categorizing mineral ore is according to the Chilean law (N° 20.235) which is in accordance with others systems widely used within the mining industry. The "Comisión Calificadora de Competencias en Recursos y Reservas Mineras" is the independent Chilean entity that regulates this and it is part of the Committee for Mineral Reserves International Reporting Standards (CRISCO).