Codelco, the world's largest copper producer, uses a management model that has turned it into a modern, efficient company, in which workers, management and the owner are united behind a common goal of doubling the company's value.

The Strategic Alliance, formed in 1994, has translated into the identification of common interests, vision, values and management style. These are shared by all those making up the company, leading to the application of best practices in management.

In 2000, these efforts led to the creation of the company's Joint Strategic Plan, which constitutes the navigation chart and business strategy for 2000-2006. The purpose of this Plan is to project the Corporation into the future, with more growth and modernization.

The commitment is to maintain and increase Codelco's current position as a world class company and to maximize its ability to generate value for the country, through the sustainable exploitation of its mining resources and by maximizing its workers' skills.

To succeed in our goal of doubling the company's value and boosting net income, the Plan simultaneously focuses efforts on three strategic, interdependent levers: asset management, human development, and sustainability.

To double Codelco's worth we must optimize mining resource operations and the use of facilities and equipment.

Codelco has implemented programs to improve production management and investment plans that will make it possible to preserve and increase its economic value.

A central pillar for achieving the goals and objectives included in the Plan is the need for a highly skilled workforce committed to meeting the challenges that Codelco will have to face.

For Codelco's workers, the Plan promises stability and better employment in the framework of a competitive company.

The company's greatest capital is in its personnel, who are the key to past and future successes. Thus, Codelco must take special care of its workers, through training programs, career development policies, improvements to their quality of life and the signing of employability protocols.

Codelco is aware that it is one of the pillars of Chile's growth and development. In this light, Codelco is committed to ensuring the internal and external sustainability of its business, so that many generations of Chileans will be able to enjoy its contribution to the country.

Our commitment is to take care of the economic, social and environmental spheres in which the company is active. To do so, policies have been adopted that involve working to ensure the sustainability of the copper market, active involvement in the communities surrounding company facilities, process improvements, and respect for the environment.

Codelco is a firm that looks after its business value, protects its surroundings and grows in a sustainable fashion. Above all, it works to produce a better future for all Chileans.