The outgoing chairman of Chile's National Copper Company has also resigned from his position at the lithium joint venture.
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The company is a lithium joint venture established by Codelco and Sociedad Química y Minera de Chile (SQM). In a letter to Codelco's new chairman, Bernardo Fontaine, Pacheco admitted that his resignation was due to continuous pressure from certain departments and ranks, attempting to force him out of the company. As Pacheco leaves completely, Codelco is under intense public scrutiny. Last week, following an internal audit, the company announced that it had dismissed an executive and disciplined other relevant personnel due to their misreporting of copper production for 2025.
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