Chile’s copper output rises in June, manufacturing production down
Big haul truck and machinery working in Chuquicamata, biggest open pit copper mine of the world. Stock image.
Copper output in Chile, the world’s largest producer of the metal, rose 5.1% year-on-year in June to 447,294 metric tons, statistics agency INE said on Friday.
Manufacturing production in the Andean nation was down 3.2% in the month on a yearly basis, the agency added. This was less of a decrease than what was expected by economists polled by Reuters, who anticipated a 6% decrease.
(By Aida Pelaez-Fernandez and Natalia Ramos; Editing by Chizu Nomiyama)
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