China’s refined copper exports double to record on surplus
Shipments more than doubled to 157,751 tons in June from May, well above the previous all-time high of 102,000 tons in 2012.
Chile’s total copper production fell 2.55% in May to reach 478,800 tonnes, government body Cochilco said on Monday.
Production from state-owned giant Codelco fell 6.3% on a year-on-year basis to 142,900 tonnes, while Collahuasi’s production dipped 15.4% to a total of 49,000 tonnes.
Copper output from Escondida, which is controlled by Australian mining giant BHP, rose 26% to 106,900 tonnes, Cochilco said.
(By Peter Frontini; Editing by Paul Simao)
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