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Publish Date: Thu, 11 Apr 2024, 21:21 PM
SANTIAGO, April 11 (Reuters) - Copper production in Chile rose 9.8% on an annual basis to 417,000 metric tons in February even as state-run Codelco's output dipped, the country's copper commission Cochilco said on Thursday.
Despite the overall rise, production at Chile's embattled copper giant Codelco (CODEL.UL), the world's largest copper producer, dipped 1.6% to 103,700 tons.
February's rise in production was helped by a 34.1% year-on-year rise from BHP's (BHP.AX) New Tab, opens new tab flagship Escondida mine, the world's largest copper mine, which saw production reach 97,500 tons in February
Collahuasi, another major copper mine in Chile jointly run by Glencore (GLEN.L) New Tab, opens new tab and Anglo American .(AAL.L) New Tab, opens new tab, saw production rise 2.5% to 45,200 tons year-on-year in the month.
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https://www.reuters.com/markets/commodities/chiles-copper-output-up-98-february-codelco-production-dips-cochilco-2024-04-11/