Chile’s Copper Production Falls to Nine-Year Low, Highlighting Global Supply Pressures
Chile Records Lowest Monthly Copper Output in Nearly Nine Years Amid Ore Grade Challenges Chile, the world’s largest copper producer, reported its lowest monthly copper output in almost nine years, reflecting ongoing challenges from declining ore grades and underperformance at key mines. Production totaled 378,554 metric tons in February, down 8.5% from January and 4.8% compared with February of last year, according to figures released by the national statistics agency. This is the lowest monthly output since March 2017, when a strike temporarily halted operations at Escondida Mine, one of…
Read More Here
