The stadium was initially known as the Estadio Braden Copper Co., but in 1971; it was changed to Estadio El Teniente.
Estadio El Teniente is one of the well-known multi-purpose stadiums of Chile that predominantly hosts football matches. Initially, the U.S. basedBraden Copper Company owned it but now it is owned by Codelco. The stadium underwent major renovation phases in 1995 and 2013 and was expanded once in 1962.
Estadio El Teniente witnessed its inaugural match in 2014 between O'Higgins and Lanús as part of the 2014 Copa Libertadores.
The stadium hosted the significant matches of 1962 FIFA World Cup including the group stage and quarter-finals.
It has also witnessed some of the matches of 2015 Copa América.
The venue has also hosted important memorable matches in which Chile national football team gave jaw dropping performances while playing against New Zealand (2006), Guatemala (2008) and the United States (2015).