Chile’s mined copper production fell 5.1% in July

Chile’s mined copper production fell in July for the second consecutive month as output from top miner Codelco also dropped. Chile produced 462,000t of mined copper in July, a 5.1% fall on the year. This was the second month in 2020 in which production has fallen, following output in June dipping by 0.7% year on year to 466,500t. July’s fall in production was predominantly driven by lower output from state-run miner Codelco, along with lower production from a range of Chile’s smaller mines.

Source: Argus