Paranapanema increases Q3 production, revenues amid higher LME copper prices

Brazilian copper producer Paranapanema normalized its production and sales volumes during the third quarter after a scheduled maintenance brought volumes down in the April-June period, the company’s earnings report shows.

Paranapanema produced 82,000 tonnes in total during July-September, up by 2.5% from 80,000 tonnes a year before. This volume was composed of 43,400 tonnes of cathodes, a 1.81% fall on the same comparison, and 38,400 tonnes of copper products, a 6.96% increase year on year. Primary copper sales volumes were at 22,000 tonnes for the quarter, a 22.22% rise from the same period a year earlier, while copper products sales climbed by 16% to 29,000 tonnes. Some of the...

Published

Renato Rostás

October 26, 2018

16:43 GMT

São Paulo