COPPER
Top copper producer Codelco saw a decline in quarterly output due to lower quality ore at its aging Chilean mines — the latest sign of supply-side struggles that have helped send metal prices to two-year highs.
The State-owned company’s wholly-owned mines produced 295 000 metric tons, down 9.6% from the first three months of last year, Codelco reported Friday.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access
