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Chapter 07

Supplier Management

Supplier engagement

Supplier engagement

At Codelco we develop our business through collaborative relationships with several companies that provide goods and services, through their human capital, knowledge and experience.

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Payments to suppliers

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Supplier evaluation

Our contractual policy defines that we expect strict compliance with legal and regulatory frameworks, both for national and international standards. Thus, registration in the supplier registry entails validations of online sources and documentation review, which allows companies to be rated in different areas. During 2024, 3,007 suppliers were evaluated, which accounted for 77.3% of the year’s purchases.

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