Rio Tinto Copper Concentrate Output Dives Remarkably in H1 2017

Published: Jul 19, 2017 10:17

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Rio Tinto’s copper concentrate output declined 21% on a yearly basis to 208,900 tonnes (Cu content) in the first half of 2017 due mainly to the strike at Escondida copper mine, SMM notes.

SHANGHAI, Jul. 19 (SMM) - Rio Tinto’s copper concentrate output declined 21% on a yearly basis to 208,900 tonnes (Cu content) in the first half of 2017 due mainly to the strike at Escondida copper mine, the company reported.

Hubei Finds Massive Copper, Iron Ore Reserves in First Half

Its copper concentrate output was 132,200 tonnes (Cu content) in the second quarter, a rise of 48% on a quarterly basis, according to the company’s Q2 earnings report. Copper concentrate output recovered in the second quarter after the strike at Escondida mine.

SMM Tells Why Deadlock Persists in Shanghai Imported Copper Market

Its copper cathode output was 50,200 tonnes in Q2, a rise of 3% on a quarterly basis.

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Rio Tinto copper copper consumption copper output Escondida copper mine strike

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