Antofagasta H1FY26 molybdenum output drops on weaker ore grades

Antofagasta plc recently reported a significant year-on-year decline in molybdenum production across its key copper-molybdenum operations in the first half of fiscal 2026.Asian Metal CopyrightAntofagasta plc recently reported a significant year-on-year decline in molybdenum production across its key copper-molybdenum operations in the first half of fiscal 2026.Asian Metal Copyright Output at Los Pelambres fell 17% to 4,700 tonnes, down from 5,700 tonnes a year earlier, while production at Centinela declined 18% to 1,400 tonnes from 1,700 tonnes.Asian Metal CopyrightAntofagasta plc recently reported a significant year-on-year decline in molybdenum production across its key copper-molybdenum operations in the first half of fiscal 2026.Asian Metal Copyright The company attributed the downturn primarily to lower ore grades at both sites.
.Asian Metal Copyright Output at Los Pelambres fell 17% to 4,700 tonnes, down from 5,700 tonnes a year earlier, while production at Centinela declined 18% to 1,400 tonnes from 1,700 tonnesAsian Metal Copyright