Freeport expects higher Cerro Verde copper output in H2

The Cerro Verde copper mine in Peru operated at around 80% of its 2019 average levels in June but is expected to see operations increase in the second half, according to majority owner Freeport-McMoRan.

The US copper producer, which has a 53.56% stake in the mine, said that Cerro Verde's operating rates averaged 251,800 tonnes of ore per day in the second quarter, including an average of 316,800 tonnes per day in June. 



Andrea Hotter

July 23, 2020

15:43 GMT

New York