Soaring demand for copper will help drive mergers, BHP CEO says
Demand for copper, a key element in the energy transition, is set to rise by 70% to 100% by 2050, Mike Henry said
Chile’s total copper production rose 1.4% in October to 477,000 tonnes, government body Cochilco said on Friday.
Production from state-owned giant Codelco fell 5.8% on a yearly basis to 135,800 tonnes, Cochilco said, while output from BHP-controlled Escondida rose 17.7% to 99,700 tonnes.
Collahuasi, a joint venture of Anglo American and Glencore, produced 44,900 tonnes, a 9.3% drop.
(By Fabian Andres Cambero; Editing by Steven Grattan)
Comments