Chilean copper production down 5% in February, Cochilco says

Chilean mined copper output reached 425,500 tonnes in February, down by 5.02% from 448,000 tonnes in the same month last year, amid significant drops reported by Escondida and Los Pelambres, data from national copper commission Cochilco showed.

This was the eighth consecutive month in which Chile recorded a year-on-year drop in production. In January-February, the country produced 882,700 tonnes of copper, down by 2.80% year on year from 908,100 tonnes, Cochilco said on Monday April 5.

Lower supply from Chile and Peru, coupled with resilient demand from Asian smelters, brought spot treatment...

Published

Renato Rostás

April 05, 2021

18:37 GMT

São Paulo