Codelco Posts Worst Monthly Copper Output in Decades on Accident
Copper anode plates ready for shipment at a Codelco processing facility in Machali, Chile.
Photographer: Cristobal Olivares/BloombergCodelco registered the lowest month of copper output in more that two decades after a mine collapse disrupted the Chilean firm’s efforts to recover from a protracted production slump.
The state behemoth produced 93,400 metric tons in August, according to data released Thursday by Chilean copper agency Cochilco. That’s down 25% from the same month last year and the lowest since the agency’s data set began in 2003.