SHANGHAI, Sept. 6 (SMM) – Despite lower copper output, higher copper prices allowed Codelco to reverse losses in H1 2017.
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Codelco reported $1.02 billion in pre-tax profit in H1, versus a loss of $97 million a year ago.
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The company produced 798,000 tonnes of copper in H1, down from 843,000 tonnes in the same period last year.
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