UPDATE 1-Chile's Codelco's spending cuts to remove 13 pct of output

SANTIAGO, April 5 (Reuters) - Chile's state copper producer

Codelco is slashing spending by $6 billion over the next five

years that will cut 13 percent of the world no.1 copper

producer's planned output over the next 25 years, Chief

Executive Nelson Pizarro said on Tuesday.

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