Australia may lose $45 billion amid green steel rush, report says
Australia accounts for 56% of seaborne iron ore trade.
Chile’s total copper production rose 2.9% in January to 437,900 tonnes, government body Cochilco said on Thursday.
Production from state-owned giant Codelco jumped 5.1% on a yearly basis to 127,000 tonnes, Cochilco said.
Output from BHP-controlled mine Escondida rose 15.2% to 93,300 tonnes, while Collahuasi, a joint venture of Anglo American and Glencore, produced 42,900 tonnes, a 16.4% decrease.
(By Fabian Andres Cambero and Valentine Hilaire)
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