Thu. Feb 6th, 2025

Antofagasta CEO Report 15% Increase in Copper Production in Q3 2024 Due to Destocking

ByLisa Luckas

10/16/2024
brown wooden round barrels on brown wooden floorPhoto by Karim Ghantous
  • Copper production up 15% in Q3; 2024 output to hit low end of 670-710,000 tonnes.
  • Construction ongoing; 2025 forecast: 660-700,000 tonnes.

Wed Oct 16 07:02:53 -0000 2024 UTC– Antofagasta plc CEO reported a 15% increase in copper production in Q3 2024 due to destocking at Los Pelambres and better performance at Centinela, aiming to reach 670-710,000 tonnes by the year-end.

Construction on growth projects continued, anticipating 660-700,000 tonnes in 2025 with increased output at Centinela.

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Similar figures around copper in the same period.

ByLisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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