MMG Releases Major Metals Output in First Quarter

SHANGHAI, Apr. 21 (SMM) - MMG Limited reported its production report in the first quarter ending March 31. Its copper cathode output was 36,200 tonnes, a fall of 5% year-on-year. Copper concentrate output totaled 111,700 tonnes, up nearly 2.5-fold on a yearly basis.

Zinc concentrate output totaled 19,100 tonnes, down 3% year-on-year. Lead concentrate production increased 6% on a yearly basis to 6,253 tonnes.

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The company’s copper output totaled 147,880 tonnes in the first quarter of the year as Las Bambas mine’s output hit record high, according to the report. Las Bambas produced 111,300 tonnes of copper concentrate in the first quarter of 2017, up 6% compared to the fourth quarter of 2016.

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