Codelco, Chile's state-owned copper company, has projected its direct production costs for 2026 to be $2.202 per pound. According to Jin10, this forecast is based on an estimated copper price of $4.90 per pound. The projection reflects Codelco's strategic planning in response to market conditions and price expectations. The company continues to navigate the complexities of the global copper market, which plays a crucial role in its operational and financial strategies.