Codelco 1st-Quarter Copper Output Rises 5.7% From Year Ago
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Codelco, the world’s largest copper company, reported a 5.7 percent increase in first-quarter production as output from its Radomiro Tomic mine helped offset a drop at Chuquicamata in northern Chile’s Atacama Desert.
Copper output climbed to 425,000 metric tons in the first three months of the year from 402,000 tons a year earlier, according to a statement posted in the state-owned company’s website. Excluding its share of production from its stake in the El Abra mine, output rose to 414,000 tons from 383,000 tons.