Chile copper production at main mines down in May

Escondida is the world’s largest copper mine. (Image courtesy of BHP | Facebook.)

Chile’s total copper production fell14% year on year in May to 408,200 metric tons, government body Cochilco said on Wednesday.

Production from state-owned giant Codelco fell 22.4% on a year-on-year basis to 110,900 metric tons, while production at Collahuasi, a joint venture of Anglo American and Glencore, dropped 11.8% to 43,200 metric tons.

Copper output from Escondida, which is controlled by Anglo Australian mining giant BHP, fell 21.5% to 83,900 metric tons, Cochilco said.

(By Fabian Cambero and Carolina Pulice; Editing by Isabel Woodford)

Comments

Your email address will not be published. Required fields are marked *