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Chile Copper Output in May: Codelco Falls 18 Percent, Escondida 18 Percent, Collahuasi 19 Percent

Chile's state-owned copper company and two major mines reported lower May production compared with a year earlier. The data were compiled by Cochilco and distributed via @FirstSquawk.

Jul 12, 6:26 PM(5 hrs ago)·1m read1 source

Chile Copper Output in May: Codelco Falls 18 Percent, Escondida 18 Percent, Collahuasi 19 Percent

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Chile's state-owned copper company Codelco produced 106,300 tons in May, an 18.3 percent decline from the same month a year earlier. Escondida output fell 17.6 percent to 108,800 tons, while Collahuasi production dropped 19.3 percent to 31,000 tons. The figures were released by Cochilco and reported by @FirstSquawk.

They cover the month of May and are presented as year-over-year comparisons. Escondida and Collahuasi rank among the country's largest copper mines.

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