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Chilean copper output up in Sept.; Codelco stays flat

Keywords: Tags  copper production, Chilean copper, Codelco, Corporacion Nacional del Cobre de Chile, BHP Billiton, Anglo American, Glencore Xstrata, Cochilco Cia Minera Dona Ines de Collahuasi

SÃO PAULO — Chile’s copper production rose 5.4 percent year on year in September to 489,600 tonnes, according to national copper commission Cochilco.

However, output at Corporación Nacional del Cobre de Chile (Codelco), the world’s top copper producer, was roughly flat in September at 137,700 tonnes. Codelco’s Chuquicamata, Radomiro Tomic and Ministro Hales projects reported combined output of 68,000 tonnes, up 4.6 percent from September 2012.

London-based BHP Billiton Ltd.’s Escondida Mine produced 102,400 tonnes of copper in September, down 1.4 percent year on year.

Meanwhile, output at Cia. Minera Dona Ines de Collahuasi SCM, owned by a consortium that includes London-based Anglo American Plc and Baar, Switzerland-based Glencore Xstrata Plc, more than doubled year on year in September to 47,900 tonnes.

Anglo American Sur produced 38,400 tonnes of copper, up 6 percent compared with September 2012.

London-based Antofagasta Plc’s Los Pelambres Mine produced 32,500 tonnes of copper for the month, up 2.8 percent year on year.

Chile’s copper output for the first nine months of the year stood at 4.23 million tonnes, up 6.8 percent from the comparable year-ago period.

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

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