BASE METALS

Chile copper production steady in January

Chile produced 457,100 tonnes of copper in January, a fall of 0.7% from the prior year period, according to state copper agency Cochilco.

Codelco's Chuquicamata mine helped lift the Chile state copper company's production in January

Codelco's Chuquicamata mine helped lift the Chile state copper company's production in January

State copper company Codelco's output rebounded strongly with a 19.4% increase to 142,000t from 118,900t a year ago led by a strong performance at its northern divisions, which grew production 39% to 69,400t.

Conversely, production at BHP-operated Escondida fell 16% to 84,700t from 100,900t a year ago.

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