Anglo American Keeps Full-Year Copper Output Target Unchanged, Despite Big Fall in H1-Shanghai Metals Market

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Anglo American Keeps Full-Year Copper Output Target Unchanged, Despite Big Fall in H1

Industry News 06:34:50PM Jul 27, 2017 Source:SMM

SHANGHAI, Jul. 27 (SMM) –Anglo American kept its copper output target for the whole of 2017 unchanged, despite a 3% year-on-year decline in output in H1.

Blister Copper Shortage Affects Copper Output at China Ten Major Smelters, SMM Reports

The company plans to produce 570,000-600,000 tonnes of copper in 2017.

SHFE Copper Stocks to Rebound in Q3 from Growing China Production, SMM Warns

Its copper production dropped 2% year-on-year to 144,200 tonnes in Q2 and fell to 290,700 tonnes in H1. The decline was due mainly to operation suspensions at El Soldado mine for some time in Q1. The mine, whose output tumbled 13% year-on-year in Q2, resumed production at the end of April.  

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.

Anglo American Keeps Full-Year Copper Output Target Unchanged, Despite Big Fall in H1

Industry News 06:34:50PM Jul 27, 2017 Source:SMM

SHANGHAI, Jul. 27 (SMM) –Anglo American kept its copper output target for the whole of 2017 unchanged, despite a 3% year-on-year decline in output in H1.

Blister Copper Shortage Affects Copper Output at China Ten Major Smelters, SMM Reports

The company plans to produce 570,000-600,000 tonnes of copper in 2017.

SHFE Copper Stocks to Rebound in Q3 from Growing China Production, SMM Warns

Its copper production dropped 2% year-on-year to 144,200 tonnes in Q2 and fell to 290,700 tonnes in H1. The decline was due mainly to operation suspensions at El Soldado mine for some time in Q1. The mine, whose output tumbled 13% year-on-year in Q2, resumed production at the end of April.  

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.