Antofagasta expects 2024 copper output at low end of yearly forecast
Antofagasta produced 284,700 metric tons of copper in the first half, down 3.7% from the same period in 2023.
BRASILIA, Nov 20 (Reuters) – Brazil’s Vale SA in a securities exchange filing on Monday denied that it had decided to postpone the sale of a stake in the New Caledonia nickel mine, saying it is continuing to look for a partner.
Reuters reported on Friday, citing sources, that the mining major would postpone the sale for up to a year after initial bids for the assets came in at the lower end of expectations.
(Reporting by Jake Spring; editing by Jason Neely).