CHILE, CHINA TO ESTABLISH PEKING COPPER PLANT The Chilean state copper corporation, Codelco, the privately-owned Chilean copper fabricator Madeco and Chinese interests are to establish a copper tube plant in Peking, Codelco's U.K. Subsidiary Chile Copper Ltd said. The plant is designed to produce 5,000 tonnes in the first five years and 8,000 tonnes as from year six. Total investment is estimated at 10 mln dlrs, of which the Chileans will contribute two mln. Codelco and Madeco have formed the Chilean Wrought Copper Company to take a 50 pct stake in a new company called Peking Santiago Tube Company with the Chinese holding the other half.