【Flash | Chile’s July Molybdenum Output Slumps 28.9% YoY】

Published: Sep 17, 2026 09:01

Save

Cochilco’s latest bulletin shows Chilean mine molybdenum output at 2,973.8 tonnes in July 2026, down 6.6% MoM and 28.9% YoY. Jan–Jul output fell 11.3% YoY to 21,811.0 tonnes. Codelco produced 1,075.4 tonnes in July, down 31.3%, while the Los Pelambres mine produced 645.1 tonnes, down 31.6%. SMM calculates that the two producers accounted for about 65% of the country’s YoY decline. The July contraction widened from the 7.7% H1 decline, indicating weaker Chilean supply at the start of Q3. Figures are provisional.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

13 hours ago

[SMM Analysis]Expectations Game under Cost Squeeze – September Outlook for Coking Coal, Coke, and Iron Ore

13 hours ago

14 hours ago

MMi Daily Iron Ore Report (September 16)

Iron ore prices strengthened somewhat in the afternoon today. The DCE main contract I2701 closed at 709 yuan/ton, up 0.14% from the previous trading day.

14 hours ago

16 hours ago

[Domestic Iron Ore Brief] Iron ore prices in the Chengde area of Hebei are expected to continue consolidating on a subdued note

Prices for 65% grade vanadium-titanium iron ore concentrates in Chengde, Hebei, slipped to 885 yuan/mt. Production halts at local mines and beneficiation plants are quite widespread. A major local mine recently completed its mining permit, but some related procedures still need to be processed.

16 hours ago