Reported about 9 hours ago
Chilean state-run Codelco is ramping up copper production to meet its 2024 targets after a weak first half of the year. The world's largest copper producer aims to finish the year with approximately 1.331 million metric tons of copper, a modest increase from last year but still below previous goals. Recent internal reports indicate strong October output, with production 2.9% above target. However, the company faces challenges due to construction issues and a drop in ore grades, highlighting an ongoing crisis in its production capabilities.
Source: YAHOO