SHANGHAI, Mar. 20 (SMM) - Codelco said on Friday its copper production was 1.83 million tonnes in 2016, down 1.4% year-on-year, according to wenhua.com.

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Single proprietorship mines produced 1.71 million tonnes of copper last year.

The company’s profit before-tax was $435 million. Production cost was $1.26 per pound.

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