Cochilco: Chile Copper Output Slides in First Quarter on Strike

Published: May 15, 2017 10:50
Cochilco data showed Chile’s copper production slid 14.6%% in the first quarter of 2017 due mainly to the strike at the world’s largest copper mine, wenhua.com reported.

SHANGHAI, May 15 (SMM) - Cochilco data showed Chile’s copper production slid 14.6%% in the first quarter of 2017 due mainly to the strike at the world’s largest copper mine, wenhua.com reported.

Chile produced 1.19 million tonnes of copper, compared to 1.39 million tonnes in the same period of last year.

Major Chilean Copper Mining Companies Post Mixed Output in First Quarter

Peru to Commence Three Large Copper Mine Projects worth $7.27 Billion in 2018

The strike which lasted for over one month at BHP Billiton’s Escondida copper mine hurt the country’s copper output.

Chile is the world's largest copper producer. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
"Rising Premiums on Secondary Copper Rod Boost Copper Cathode Demand Amid Supply Tightness"
1 hour ago
"Rising Premiums on Secondary Copper Rod Boost Copper Cathode Demand Amid Supply Tightness"
Read More
"Rising Premiums on Secondary Copper Rod Boost Copper Cathode Demand Amid Supply Tightness"
"Rising Premiums on Secondary Copper Rod Boost Copper Cathode Demand Amid Supply Tightness"
Since March 4, 2026, secondary copper rod has shifted to a premium of 200-400 yuan/mt against the most-traded futures contract. Meanwhile, the price difference between copper cathode rod and secondary copper rod narrowed sharply from around 1,200 yuan/mt to about 300 yuan/mt
1 hour ago
Rio Tinto Halts Kennecott Copper Mine Operations After Worker Fatality, Awaits Investigation
23 hours ago
Rio Tinto Halts Kennecott Copper Mine Operations After Worker Fatality, Awaits Investigation
Read More
Rio Tinto Halts Kennecott Copper Mine Operations After Worker Fatality, Awaits Investigation
Rio Tinto Halts Kennecott Copper Mine Operations After Worker Fatality, Awaits Investigation
Following a worker fatality on March 12, Rio Tinto suspended operations at its Kennecott copper mine in Utah, US. In a statement posted on its official website, Rio Tinto said that all surface and underground mining operations at Kennecott (also known as Bingham Canyon Mine) had been suspended. Chief Executive Officer Simon Trott said the company was working closely with the relevant authorities and contractor partners to support a full and thorough investigation.
23 hours ago
First Quantum to Sell Turkey's Çayeli Mine to Cengiz for $340M, Awaits Regulatory Approval
23 hours ago
First Quantum to Sell Turkey's Çayeli Mine to Cengiz for $340M, Awaits Regulatory Approval
Read More
First Quantum to Sell Turkey's Çayeli Mine to Cengiz for $340M, Awaits Regulatory Approval
First Quantum to Sell Turkey's Çayeli Mine to Cengiz for $340M, Awaits Regulatory Approval
Canada-based First Quantum Minerals will sell its Çayeli mine in Turkey to Cengiz Holding for $340 million in cash as part of its portfolio optimization strategy.Cengiz Holding will acquire the underground copper-zinc mine through its subsidiary CengizInsaat.First Quantum Chief Executive Officer Tristan Pascall said, "The sale reflects the company's disciplined approach to portfolio management while focusing on its core strategic priorities."The transaction remains subject to regulatory approvals and is expected to be completed in Q2 or Q3 of this year.
23 hours ago
Cochilco: Chile Copper Output Slides in First Quarter on Strike - Shanghai Metals Market (SMM)