CHICAGO & SANTIAGO, Chile--(BUSINESS WIRE)--Fitch Ratings has affirmed Corporacion Nacional del Cobre de Chile's (Codelco) foreign currency Issuer Default Rating (IDR) at 'A+', local currency IDR at 'AA-' and national scale rating at 'AAA(cl)'. The Rating Outlook is Stable. A full list of ratings is provided at the end of this release. KEY RATING DRIVERS 100% Sovereign Ownership: The company's 'A+' rating reflects Codelco's 100% ownership by the government of Chile and its strategic importance
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