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Southern Copper is evaluating a $680 million expansion of its Cuajone operation in Peru. The proposal would increase milling capacity by 33%, from 90,000 to 120,000 tonnes per day. Current estimates envisage average annual production of 55,000 tonnes of copper and 1,400 tonnes of molybdenum. The company is also studying whether capacity could eventually reach 150,000 tonnes per day. The project remains under evaluation, with no final investment decision or production schedule disclosed; its projected molybdenum output therefore cannot yet be treated as committed new supply.

Teck Resources has received a strike notice from United Steelworkers Local 7619 at its Highland Valley Copper operation in Canada. Strike action could begin as early as 8:00 a.m. Pacific Time on October 24, although production continues while negotiations remain under way. Teck’s existing 2026 molybdenum production guidance for the mine is 1,500–1,800 tonnes, against approximately 700 tonnes produced in the first half. A prolonged labour disruption could pressure the remaining production schedule. No mine shutdown or strike-related molybdenum output loss has been confirmed.

Andrada Mining posted a profit after tax of about 3.3 million USD for the six months to 31 August, versus a 4 million USD loss a year earlier, on higher realised tin prices and increased Uis mine output. Revenue rose 80% to about 27 million USD; gross profit more than quadrupled to roughly 11 million USD, lifting gross margin to 40.3% from 16.4%. Contained tin output rose 13% to 576 tonnes and tin concentrate gained 11% to 955 tonnes, while the average realised tin price climbed 57% to 52,131 USD/tonne and C1 costs held at 17,842 USD/tonne. Operating costs rose 28% to about 16.2 million USD, but cash reached about 20.6 million USD. The funded ore-sorting circuit at Uis is expected to lift annual tin concentrate output by 50%-70% to 2,500-3,000 tonnes, or 1,500-1,900 tonnes of contained tin.