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Codelco copper production increased 3% year on year in May Escondida mine copper production fell 5.6% year on year in May

iconJul 3, 2020 08:31
Source:SMM compilation
[Codelco5 monthly copper production increased 3 per cent year on year Escondida May copper production in mines fell 5.6 per cent year on year] despite the impact of the epidemic, Chilean national copper production increased in May instead of falling. According to the latest figures released by Chile's National Copper Commission, Chile's national copper production rose 3 per cent to 144200 tons in May from a year earlier. Copper production at BHP's Escondida mine fell 5.6 per cent in May from a year earlier to 93400 tonnes. Production at the Collahuasi mine in northern Chile, jointly owned by Anglo American and Glencore, increased by 40% in May compared with the same period last year.

SMM7 March 3: despite the impact of the epidemic, Chile's national copper industry (Codelco) copper production increased rather than decreased in May. According to the latest figures released by Chile's National Copper Commission, Chile's national copper production rose 3 per cent to 144200 tons in May from a year earlier.

Copper production at BHP's Escondida mine fell 5.6 per cent in May from a year earlier to 93400 tonnes.

Production at the Collahuasi mine in northern Chile, jointly owned by Anglo American and Glencore, surged 40 per cent to 60100 tonnes in May from a year earlier.

Judging from the top 10 copper mines in the world, the output of most mines declined in the first quarter compared with the same period last year, but the overall performance of the mines in Chile was better. With the exception of Los Bronces, copper production in other Chilean mines increased to varying degrees. Copper production in Chilean copper mines such as Escondida, Collahuasi, EI Teniente and Los Pelambres increased by 41 per cent, 16 per cent, 9 per cent and 5 per cent respectively in the first quarter compared with the same period last year. Copper mines in Peru have performed poorly. Copper production in Antamina, Cerro Verde and Las Bambas fell 8 per cent, 24 per cent and 28 per cent respectively from a year earlier.

[SMM] the impact of the epidemic on Chilean copper production has not been shown in the global list of large mine output.

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