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Chile's copper output falls 7 pct in August

Published 09/10/2018, 02:10 am
Updated 09/10/2018, 02:20 am
© Reuters.  Chile's copper output falls 7 pct in August
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Oct 8 (Reuters) - Chile's copper production fell by 7 percent in August compared with the same month last year due to a drop in output at state copper firm Codelco and Escondida, Cochilco, the government agency that oversees the red metal, said.

Chile produced 462,000 tonnes of copper in August, compared with 496,600 in August 2017. Escondida, run by BHP Billiton (LON:BLT) Ltd BHP.AX , produced 84,600 tonnes, down 13.5 percent compared with August last year, while production at Codelco dropped 12 to 141,500 tonnes, with downturns at almost all its facilities.

The country's second-largest mine by output Collahuasi, owned by Anglo American Plc AAL.L and Glencore Plc GLEN.L , ramped up production by 4.1 percent to 45,400 tonnes.

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