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Codelco, Antofagasta push Chilean copper output up

Keywords: Tags  Codelco, Anglo American Sur, BHP Billiton, Antofagasta, Los Pelambres, Xstrata, Anglo American, Collahuasi Chile

SÃO PAULO — Chilean copper production rose 4 percent year on year in February on larger volumes at Corporación Nacional del Cobre de Chile (Codelco) and Antofagasta Plc.

Copper output totaled 422,100 tonnes in February, up from 405,800 tonnes a year earlier, according to the Chilean copper commission.

Santiago, Chile-based Codelco, the world’s largest copper producer, reported a 7.8-percent year-on-year rise in February output to 127,200 tonnes.

Meanwhile, output at the Escondida Mine, controlled by London-based BHP Billiton Plc, rose 1.3 percent year on year to 80,500 tonnes.

London-based Antofagasta saw February output at its Los Pelambres Mine rise 4.9 percent to 34,000 tonnes in the same comparison.

Anglo American Sur SA, Santiago, reported a 0.2-percent rise in output to 35,600 tonnes.

Another major mine, Collahuasi, reported a 1.4-percent year-on-year drop in February output to 20,600 tonnes. The mine is owned by a consortium of investors dominated by Anglo American Plc, London, and Xstrata Plc, Zug, Switzerland.

A version of this article was first published by AMM sister publication Metal Bulletin.

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