https://www.miningweekly.com

Chile copper output sinks to seven-month low

29th October 2021

By: Bloomberg

  

Font size: - +

Chile just registered its worst month for copper production since February as the world’s biggest supplier of the metal was hit with labour disruptions and poor quality ore.

September’s output was down 6.9% from a year earlier and 3.4% from August, according to data released Friday by the country’s bureau of statistics.

The result -- from a country that accounts for more than a quarter of the world’s mined copper -- offers little relief for a tight market characterised by low stockpiles. Some mines are still catching up on earthworks and maintenance that was postponed last year in a bid to maintain production in the pandemic with reduced staffing.

Still, given part of the decline was due to labor strikes that were fairly quickly resolved, the implication is that production will bounce back in October.

Edited by Bloomberg

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

VISIT SHOWROOM 
Monitor Distributors
Monitor Distributors

We at Hawk High Pressure Pumps specialise in industrial pumps and pumping systems. Our high pressure washing equipment is locally manufactured and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.042 0.063s - 110pq - 2rq
Subscribe Now