Codelco hangs on to top copper status, just ahead of BHP

From bnnbloomberg.ca

Codelco has retained its status as the world’s biggest copper producer by the slimmest of margins after reporting 2024 output that nudged past that of BHP Group. Codelco posted total full-year production of 1.44 million metric tons, which includes its share of copper from mines it doesn’t operate, according to a Friday presentation. That compares with BHP’s attributable production of 1.43 million tons, according to Bloomberg Intelligence estimates based on the Melbourne-based firm’s reported fiscal-year numbers. BHP’s own calculation was slightly lower. Codelco posted a slight increase from the ... (full story)