Copper output from Codelco climbs 17% in May
Image courtesy of Codelco via Flickr
Copper production from Chilean state-run miner Codelco ticked up some 16.5% year-over-year in May, data from copper commission Cochilco showed on Thursday, climbing to 130,100 metric tons.
Codelco is the world’s largest miner of the red metal.
Meanwhile production at BHP’s Escondida mine, the world’s largest copper mine, leaped some 24.4% to 132,000 tons.
At Collahuasi, another major copper mine jointly run by Glencore and Anglo American, output slid 16.9% to 38,400 tons.
(By Fabian Cambero; Editing by Natalia Siniawski)
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