When was Codelco founded?

Codelco was founded in 1971 and raised its 1st funding round 47 years after it was founded.

Where is Codelco located?

Codelco is headquartered in Santiago, Chile.

How many employees does Codelco have?

As of May 31, 2026, the latest employee count at Codelco is 14414.

Is Codelco a funded company?

Codelco is a funded company, having raised an undisclosed amount across 9 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Nov 15, 2018.

How much is Codelco worth?

The latest valuation of Codelco is $***** as of Nov 10, 2023.

When was the latest funding round of Codelco?

Codelco's latest funding was a $***** Conventional Debt round on Dec 31, 2025, with participation from 2 investors.

Where does Codelco rank among its competitors?

Codelco ranks 1st amongst 263 active competitors, of which 15 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Faraday Copper, which secured $73.6M in Mar, 2026.

Who are the top competitors of Codelco?

Codelco's top competitors include Freeport-McMoRan, Lundin Mining and Hudbay. Among them, Faraday Copper secured the most recent funding round in March, 2026.

Codelco - 2026 Company Profile, Funding & Competitors

Company Details

Producer of copper and copper by-products. It maximizes the economic, environmental, and social value of its operations, contributing sustainably to the state. The company operates several mines utilizing both open-pit and underground methods. Processing includes refining to produce copper cathodes. The company publishes financial and operational results, along with sustainability reports.

Website: codelco.com
Social
Phone Number: +56 **********

Key Metrics

Founded Year

1971

Location

Santiago, Chile

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Dec 31, 2025, $*****

Post Money Valuation

$***** as on Nov 10, 2023

Investors

Export Development Canada & 7 more

Ranked

1^st among 263 active competitors

Employee Count

14,414 as on May 31, 2026

Investment & Acquisitions

Lithium Power International

Similar Companies

Freeport-McMoRan & 163 more

View Codelco's full profile

Codelco has raised funding over 9 rounds. Its first funding round was on Nov 15, 2018. Its latest funding round was a Conventional Debt round on Dec 31, 2025 for $*****. 2 investors participated in its latest round. Codelco has 8 institutional investors.

Here is the list of recent funding rounds of Codelco:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 31, 2025	8022168	Conventional Debt	9595414	9401989	6073614	9415210
2024	9810	Conventional Debt	5225	2701	6630	Credit Agricole CIB
Sep 18, 2023	7524262	Conventional Debt	4678976	9913598	7712030	9109446

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View details of Codelco's funding rounds and investors

Codelco's employee count trend

Codelco has 14,414 employees as of May 26. Here is Codelco's employee count trend over the years:

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Top competitors of Codelco include Freeport-McMoRan, Lundin Mining and Hudbay. Here is the list of Top 10 competitors of Codelco, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Codelco 1971, Santiago (Chile), Funding Raised	Producer of copper and copper by-products	-	Export Development Canada, Citi & 6 others	62/100
2nd	Freeport-McMoRan 1912, Phoenix (United States), Acquired	Provider of copper, gold, and molybdenum mining services	-	-	61/100
3rd	Lundin Mining 1994, Toronto (Canada), Public	Base metals mining and exploration company focused on copper, nickel and zinc deposits	-	SEB, TD Bank & 4 others	59/100
4th	Hudbay 1927, Toronto (Canada), Public	Mining company focused on the discovery, production and marketing of base and precious metals	-	-	57/100
5th	Southern Copper 1952, Phoenix (United States), Public	Operator of integrated facilities producing copper, molybdenum, silver, and zinc	-	tpo.org, The Pritzker Organization	55/100
6th	Triton Minerals 2006, Perth (Australia), Public	Producer of natural graphite concentrate	-	CVC, Minjar Gold & 1 others	52/100
7th	Euromax Resources 2004, Skopje (North Macedonia), Public	Mining and exploration company focused on copper and gold deposits	-	EBRD, NDX Group & 1 others	52/100
8th	Faraday Copper 2014, Vancouver (Canada), Public	Provider of copper exploration and development services	$19.5M	BHP, The Lundin Group	51/100
9th	Ero Copper Corp 2016, Vancouver (Canada), Public	Provider of copper mining services	-	-	51/100
10th	Sandfire 2004, Perth (Australia), Public	Mining and exploration company focused on copper and gold resources	-	Metal Tiger, OZ Minerals	51/100