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Codelco Lowers Copper Output Estimation for Q2

iconJul 31, 2017 10:29
Source:SMM
Codelco Chief Executive Officer Nelson Pizarro said its copper production is expected to fall 1-2% on a quarterly basis in the second quarter of 2017, according to wenhua.com.

SHANGHAI, Jul. 31 (SMM) - Codelco Chief Executive Officer Nelson Pizarro said its copper production is expected to fall 1-2% on a quarterly basis in the second quarter of 2017, according to wenhua.com.

Copper Inventories in Shanghai Bonded Zone Decline This Week, SMM Reports 

Codelco’s copper output was only 400,000 tonnes in the second quarter of 2016.

Spot TCs Stabilize for Imported Copper Concentrate, Two Influencing Factors Eyed, SMM Reports

The company’s copper output slid 11% year-on-year in the first quarter this year due to lower ore grade. 

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