Copper output from Chile's Codelco slides nearly 11% in July
Published by
ScrapPrices
Published on September 11,2024 12:00 PM Metals
Chile state miner Codelco [RIC:RIC:COBRE.UL] produced 111,400 metric tons of copper in July, down 10.7% from a year earlier, the South American country's Cochilco copper commission announced on Wednesday, while other key miners saw mixed results.
Copper output from Chile's Codelco slides nearly 11% in July

SANTIAGO, Sept 11 (Reuters) - Chile state miner Codelco [RIC:RIC:COBRE.UL] produced 111,400 metric tons of copper in July, down 10.7% from a year earlier, the South American country's Cochilco copper commission announced on Wednesday, while other key miners saw mixed results.

The BHP-controlled Escondida (BHP.AX), mine lifted its production of the red metal in July by 29%, compared to the same month last year, to reach 106,500 tons. Meanwhile, the Collahuasi mile, jointly run by Glencore (GLEN.L) and Anglo American (AAL.L), saw output shrink 6% to 47,000 tons.

MORE METALS NEWS
January 14,2025 06:00 AM
Doctor Copper has started 2025 with a spring in his step after a year when the early bull party was followed by a prolonged hangover.
January 10,2025 08:00 AM
Iron ore futures edged up on Friday, aided by stimulus expansion from top consumer China, but ended the week lower on seasonally softening demand for the key steelmaking ingredient.
January 09,2025 06:00 AM
Alumina prices have soared to record highs this week, compressing margins at the world's aluminium smelters which convert the intermediate product into metal. The London Metal Exchange (LME) cash price CPLAc1, indexed to Platts benchmark Australian alumina assessment, closed Wednesday at $633.35 per metric ton, lifting the ratio to the aluminium price to almost 25%.