Chile copper output dragged down by Codelco, Collahuasi in April
Chile’s copper production fell in April, government body Cochilco said on Thursday, with state-owned giant Codelco seeing output down 6.1% year-on-year to 116,000 tonnes and Collahuasi’s production dropping by a sharp 26.5%.
Collahuasi, a venture involving Glencore and Anglo American, produced 42,000 tonnes in the period, while output from another major mine, Escondida – which is controlled by BHP – rose 2.6% to 88,000 tonnes.
Chile’s total copper production in the month fell 8.9% to 420,000 tonnes, Cochilco said in a report. The Andean country is the world’s top copper producer.
(By Fabian Andres Cambero and Gabriel Araujo)
Related Article: Chile starts sanction process against Los Pelambres copper mine
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