Codelco says output falls 8% in first half of 2024
Chile’s Codelco, the world’s largest copper producer, on Friday posted a 8.4% drop in output for the first half of 2024 compared with the same period last year, to 579,785 metric tons, citing operational setbacks and difficult weather.The company attributed the lower output to an extended truck stoppage following a fatal accident at its Radomiro Tomic mine, low contributions from El Teniente after a rock burst last year, ramp-up delays for Rajo Inca and adverse weather.