Codelco Recovers From Low Quarterly Copper Output in Q3

November 4, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Codelco (Santiago, Chile) is beginning to recover its production following operational setbacks and years of output declines. Codelco, the Chilean state miner, recorded copper production of 338,000 tons during the third quarter of this year, about 1.5% more than during the same period last year. This is the first quarter this year when the company has been able to surpass the output from 2023, which was the lowest in 25 years at 1.324 million tons.