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Copper Ore Output at World Top 10 Mining Firms Fall 11.7 Per cent YoY in First-Half Year

iconAug 29, 2017 18:01
Source:SMM
Copper ore output at world’s top 10 copper mining firms fell by 11.7 per cent during the first half of 2017 on a yearly basis, according to half-year financial reports of those firms. 

SHANGHAI, Aug. 29 (SMM) – Copper ore output at world’s top 10 copper mining firms fell by 11.7 per cent during the first half of 2017 on a yearly basis, according to half-year financial reports of those firms. 

Output at those producers dropped by more than 10 per cent in Q1 due to strikes, and their production recovered gradually in Q2 with the end of strikes, with the year-on-year output loss narrowing to 8.3 per cent. 

According to the reports, only 2 of the 10 firms reported output growth on a yearly basis during the first half of the year. 

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