Codelco's copper output, earnings fall in Jan-Sept

Codelco’s copper production and earnings fell in the first nine months of 2018, the Chilean state-owned copper producer said.

Codelco produced 1.3 million tonnes of refined copper in the first nine months of the year, a drop of 2% from 1.32 million tonnes in the first nine months of 2017, it said. Including output from its stake in Anglo American Sur and El Abra, it produced 421,000 tonnes of refined copper in the third quarter, a year-on-year drop of 10.8% from 472,000 tonnes, the company said on Thursday November 29. Third-quarter sales volumes also slowed - they fell 2.4% to 453,000 tonnes from 463,000 tonnes a year earlier - although Codelco shipped 1.35 million tonnes of refined copper in January-September, up 6.3% from 1.27 million tonnes in...

Published

Renato Rostás

November 30, 2018

14:44 GMT

São Paulo