Codelco's Copper Production Dropped in Q1 2014

  • Thursday, June 05, 2014
  • Source:ferro-alloys.com

  • Keywords:Cu,copper,production,output,Codelco
[Fellow][Ferro-Alloys.com] National Copper Corporation of Chile (Codelco), the largest copper producer in the world announced that its copper output in the first quarter was around 383,000 tons, down by 0.3% year on year.

[Ferro-Alloys.com] National Copper Corporation of Chile (Codelco), the largest copper producer in the world announced that its copper output in the first quarter was around 383,000 tons, down by 0.3% year on year.

The company’s pre-tax profit dropped by 38% to US$539 million during the period, driven by the lower copper prices.

Copper prices experienced a decrease of average 11% compared to the same quarter a year ago.

The company has purchased some new mines, trying to increase its copper output.

 

  • [Editor:Yueleilei]

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