off-the-wire

Codelco and BHP’s Escondida boost copper output in July

Kitco Media
By Reuters
Published:
Updated:
Reuters
Codelco and BHP’s Escondida boost copper output in July teaser image

Chile’s state-owned Codelco, the world’s largest copper producer, and BHP’s Escondida mine both posted year-on-year increases in production in July, data from copper commission Cochilco showed on Thursday.

Codelco’s production rose to 6.4% 118,500 metric tons while Escondida, the world’s largest copper mine, saw a 7.8% increase to 114,800 tons.

Collahuasi, a major copper mine jointly run by Glencore and Anglo American, saw output drop 27.2% to 34,200 tons.

(By Fabian Cambero; Editing by Sarah Morland)

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