Chilean state-owned copper producer Codelco significantly improved its rate of production during April, with copper output falling by just 6.4% compared with the same month of last year, data from the country's copper commission, Cochilco, showed on Monday June 10.
Codelco produced 129,700 tonnes of copper in April, compared with 138,600 tonnes in the same month a year earlier. In March, the company's copper production had fallen by 18.3% year on year to 128,600 tonnes.Codelco's copper output totaled 500,700 tonnes in January-April this year, marking a 14.4% decline from the 584,900 tonnes produced in the first four months of 2018.According to Cochilco, output at...