Global copper smelters less active in first two months of 2024

The company has only sufficient working capital to around mid-December 2023.

Codelco is shipping less of the metal to China after a burst of new domestic capacity in the Asian nation.

The Fabrica Nova mine in Minas Gerais state has been halted.

Company will go ahead with plans to add more capacity in Argentina.

The company said the blockade of small boats at the mine's Punta Rincon port has affected the delivery of supplies.

The Peruvian executive wants to implement 25 measures to reactivate the country’s economy, focusing on the mining, energy and oil and gas sectors.

Production at Codelco will close the year at around 1.315 million metric tons, towards the lower end of the estimated range.

The increase was driven by higher output from the Quellaveco mine.

Ganfeng is attempting to navigate President Andres Manuel Lopez Obrador’s statist approach in Mexico’s nascent lithium sector.