Anglo American, Codelco seal $5 bln copper deal in Chile’s Los Bronces and Andina

Anglo American and Codelco have finalized a $5 billion deal for copper mines in Chile, marking a significant investment in the region's mining sector.

Editor’s Note: This deal is important as it highlights the ongoing demand for copper, a key resource for various industries, and strengthens the economic ties between international companies and Chile.

Anglo American Plc has partnered with Chile's state copper company Codelco to jointly develop nearby mines in Santiago. This collaboration aims to enhance copper production efficiently.

Editor’s Note: This partnership is significant as it allows both companies to increase copper output without the need for substantial investments. Given the rising demand for copper, this agreement could strengthen their market positions.

Chile, a leading copper producer, anticipates growth in output this year despite challenges at two major mines. This is a positive sign for the global copper market, which has been facing tight supply.

Editor’s Note: Chile's expected increase in copper production is significant as it plays a crucial role in the global market. With the country producing a quarter of the world's copper, any growth can help alleviate supply issues and stabilize prices.

GenIP has been appointed as the official technology transfer partner for a new innovation platform in Chile, aiming to enhance collaboration and technological advancements.

Editor’s Note: This partnership is significant as it will foster innovation in Chile, helping local businesses and startups access cutting-edge technology and expertise, ultimately boosting the economy.

Israel has initiated a ground invasion of Gaza City, coinciding with a UN commission's conclusion that Israel has committed genocide in the region.

Editor’s Note: This development is significant as it escalates the ongoing conflict and raises serious humanitarian concerns. The UN's findings add a layer of international scrutiny to Israel's actions, potentially influencing global responses and diplomatic relations.

Bloomberg Brief provides a concise overview of the latest financial news and updates as of September 16, 2025.

Editor’s Note: Staying informed about financial news is crucial for investors and professionals. Bloomberg Brief offers a quick way to catch up on important developments in the finance world.

Donald Trump has filed a $15 billion lawsuit against the New York Times, claiming the newspaper interfered in the 2024 presidential election by spreading false and defamatory content about him.

Editor’s Note: This lawsuit highlights the ongoing tensions between Trump and the media, particularly as the 2024 election approaches. It raises questions about freedom of the press and the implications of legal actions against news organizations.

A federal court has blocked President Trump from removing Lisa Cook from her position, highlighting tensions between the administration and the US central bank.

Editor’s Note: This decision is significant as it underscores the ongoing conflict between the Trump administration and the Federal Reserve, which could impact economic policies and stability.

Donald Trump has announced plans to sue the New York Times for $15 billion, claiming defamation and libel. He accuses the newspaper of acting as a mouthpiece for the Democrats.

Editor’s Note: This lawsuit highlights ongoing tensions between Trump and the media, particularly regarding how he perceives coverage of his actions and statements. It raises questions about freedom of the press and the implications of high-profile legal battles.

Japan's finance minister has rejected a US proposal to increase tariffs on China and India for importing Russian oil, aimed at pressuring President Putin to end the war in Ukraine.

Editor’s Note: This situation highlights the complexities of international relations and trade policies, especially regarding the ongoing conflict in Ukraine. Japan's stance may affect its diplomatic ties with the US and its approach to energy imports.