The stadium, since its construction, was owned by the U.S. copper mining company Braden Copper Company, which operated the mineral-extraction complex "El Teniente".

The designation of the Braden Copper Stadium to host matches in the 1962 FIFA World Cup was due to an emergency.
Indeed, the 1960 Valdivia earthquake severely damaged or destroyed facilities in some of the originally-designated host cities of the FIFA World Cup in 1962 including Talca, Concepción, Talcahuano and Valdivia, which caused the original schedule to be discarded and forced its almost complete modification.
Further, Antofagasta and Valparaíso were deterred from fulfilling their offers to host because they could not feasibly construct self-funded stadiums, a condition that had been imposed by the Federation due to its own lack of resources.
However, given the bleak outlook for the organization, the U.S. mining interests allowed the use of their stadium in Rancagua.
The stadium, since its construction, was owned by the U.S. copper mining company Braden Copper Company, which operated the mineral-extraction complex "El Teniente".
The designation of the Braden Copper Stadium to host matches in the 1962 FIFA World Cup was due to an emergency. Indeed, the 1960 Valdivia earthquake severely damaged or destroyed facilities in some of the originally-designated host cities of the FIFA World Cup in 1962 including Talca, Concepción, Talcahuano and Valdivia, which caused the original schedule to be discarded and forced its almost complete modification. Further, Antofagasta and Valparaíso were deterred from fulfilling their offers to host because they could not feasibly construct self-funded stadiums, a condition that had been imposed by the Federation due to its own lack of resources. However, given the bleak outlook for the organization, the U.S. mining interests allowed the use of their stadium in Rancagua.
Estadio El Teniente