Chilean copper output down 6.75% in September: Cochilco

November 04, 2021 / www.metalbulletin.com / Article Link

Chilean copper production decreased by 6.75% in September, compared to the same month in 2020, with all major mines in the country reporting lower figures, copper commission Cochilco said on Wednesday November 3.

In September, some Chilean producers like Codelco faced workers' strikes, while a few also had drought issues and reported lower content in mined ore. These caused lower output during the month, the national statistics institute, INE, said on November 1.
"Given that the strikes at least have ended in the meantime, more copper was probably produced again in October," market analyst Daniel Briesemann at German-headquartered Commerzbank wrote in a note on Tuesday November 2.

This was the third...

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