Chile’s Escondida Copper Output Falls 27.6% in August
Escondida copper output fell 27.6% in August, more than half of Chile's 12.7% national drop, Cochilco data show, as US buyers rely on Chilean copper. The post Chile’s Escondida Copper Output Falls 27.6% in August appeared first on The Rio Times .
Chile's Escondida copper mine, operated by BHP, saw a 27.6% drop in output in August compared to the previous year, according to the Chilean Copper Commission, Cochilco. The mine produced 76,100 tonnes of copper, its weakest month of the year. The decline accounted for more than half of Chile's national copper output drop, with the country's total falling 12.7% to 366,300 tonnes.
Escondida, the world's largest copper concentrator, produced 17.2% less copper concentrates in August. The mine's pay dispute led to BHP seeking mediation from Chile's labour inspectorate.
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