Codelco's copper production in February fell 6% YoY.

On Thursday, April 10, data released by Codelco showed that the company's copper production in February fell 6% YoY to 98,100 mt. Codelco, the world's largest copper producer, has been striving to boost its declining production in recent years. Production at Escondida, the world's largest copper mine owned by BHP, rose 16% YoY to 113,400 mt. Copper production at the Collahuasi mine, jointly operated by Glencore and Anglo American, dropped 62% to 17,000 mt. Patricio Hidalgo, head of Anglo American in Chile, stated earlier this week that the company expects the mine's output to lean towards H2. He said, "Due to the stage of the mine's life cycle, development in 2025 will focus on minerals with lower copper content." For more updates on the copper industry chain, you are welcome to attend the CCIE 2025 SMM (20th) Copper Conference & Copper Industry Expo, hosted by SMM, which will be held grandly in Nanchang, Jiangxi from April 22-25, 2025. Over 3,000 industry elites, representatives from upstream and downstream enterprises of the copper industry chain, government officials, industry associations, third-party equipment, logistics and warehousing, as well as experts from universities and research institutions will gather together. The conference covers mines, smelting, copper processing, trade, recycling, and end-use applications, encompassing the entire copper industry chain. At the event, more than 100 exhibitors will showcase the latest copper processing and smelting equipment, high-quality raw material suppliers, and new-type copper-based materials, highlighting the innovation and vitality of the copper industry. The conference features a variety of exciting activities: the main forum focuses on global copper market trends, raw material supply, policy impacts, and market directions. Sub-forums delve into industry hot topics such as electrical power transmission and distribution, secondary copper, copper-based new materials, hardware and plumbing, and ESS. During the conference, there will also be a 2-day field trip to visit 12 representative enterprises in the copper industry with a cumulative production of 1 million mt. Share cutting-edge technologies and valuable experiences to help upgrade the copper industry chain and promote high-quality industry development. The CCIE 2025 SMM (20th) Copper Conference & Copper Industry Expo will help you grasp the industry pulse, expand your network, and seek business opportunities! SMM cordially invites you to gather in Nanchang, Jiangxi from April 22-25, to unite in the new era and jointly plan for new development!