Brazil mining regulator says operations suspended at 54 unsafe tailings dams

Vale said 2024 copper production guidance remains at 320-355 kt.

The earthquake struck 45 km outside San Pedro de Atacama, northern Chile, home to the country's major copper and lithium mines.

Earthquakes have the potential to substantially affect mining operations, leading to supply chain disruptions that adversely affect the global economy.

"We have reaffirmed our commitment for 2024 production to surpass 2023," said Maximo Pacheco.