AT A GLANCE: Codelco Q1 copper output grows on higher grades, productivity

A summary of the financial results for Chilean state-owned copper producer Codelco in the first quarter of 2021, as stated in its earnings report released on Friday April 30.

In brief Copper output increased year-on-year during the quarter due to higher grades of mined ore and operational productivity, Codelco said. C1 cash costs (direct production costs) were cut by $0.003 per lb over January-March 2020, to $1.327 per lb for the same reasons output grew, while C3 net costs (cathode) were...

Published

Renato Rostás

April 30, 2021

18:28 GMT

São Paulo