Chile's major copper mines saw a significant year-on-year decline in output in September
2026-11-12 11:07:38 [Print]
The Chilean Copper Commission (Cochilco) stated that the copper output of the world's largest copper mine, Escondida, dropped by 21% year-on-year in September. Escondida is operated by BHP and its total output in September was 93,800 tons. The holding company and the committee also pointed out that the copper output of the Chilean state-owned mining company - Codelco, decreased by 14.1% to 99,300 tons; the copper output of the Collahuasi mine dropped by 19.2% to 30,700 tons.
In September, Chile produced approximately 385,100 tons of copper, a decrease of 15.1% compared to 453,300 tons the previous year. Cochilco predicts that the total production for the entire year of 2026 will be 4.94 million tons. To achieve this target, an average monthly output of approximately 434,000 tons is required from December to February, which is 7.6% higher than the average monthly level of the first three quarters.
In September, Chile produced approximately 385,100 tons of copper, a decrease of 15.1% compared to 453,300 tons the previous year. Cochilco predicts that the total production for the entire year of 2026 will be 4.94 million tons. To achieve this target, an average monthly output of approximately 434,000 tons is required from December to February, which is 7.6% higher than the average monthly level of the first three quarters.
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