Chile slashes its estimate for 2025 copper production growth
From miningweekly.com
Chile's state copper commission slashed its 2025 growth estimate for the country's production, saying it now expected an increase of 1.5% from last year, half the 3% growth it had estimated in May. Cochilco said on Wednesday that production in the world's top copper exporter is expected to reach 5.58-million metric tons this year, maintaining its forecast for average copper prices in 2025 and 2026 at $4.30/lb. The commission said the slide in forecast growth was due to a June decline in production at BHP's Escondida mine, the largest copper deposit in the world, and at Collahuasi, which is jointly run by Anglo ...
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