Unique-Copper output at Chile’s Codelco rose to 1.328 million tons in 2024, doc exhibits

By Fabian Cambero

SANTIAGO (Reuters) – Copper manufacturing from Chile’s Codelco, the world’s largest producer of the purple metallic, reached 1.328 million metric tons final 12 months, in line with an inner doc seen by Reuters on Wednesday.

The carefully watched ultimate quantity had not beforehand been reported however Chairman Maximo Pacheco mentioned earlier this week that 2024 output was “barely greater” than the 1.325 million tons produced in 2023.

Confronted with declining ore grades, accidents and errors at main building tasks, Codelco has been struggling to spice up manufacturing from 25-year lows and revved up manufacturing on the finish of the 12 months to hit its 2024 goal.