Copper output in Peru down 1.4% in October (updated)

Cerro Grande Mining

13/12/2024 13:55

(Adds production data from Cerro Verde and Antamina mines in
paragraph 4, 10-month data in paragraph 5)
       LIMA, Dec 13 (Reuters) - Peru's copper production in
October fell 1.4% compared to the same month last year due to
less output from two of the country's largest mines, official
data showed on Friday.
    October copper production totaled 236,797 metric tons.
    The Andean country is the world's No. 3 supplier of the key
industrial metal.
        The data, from the Energy and Mining Ministry, showed
that copper production from the Cerro Verde mine controlled by
Freeport-McMoRan  FCX.N , and the Antamina mine run jointly by
Glencore  GLEN.L  and BHP  BHP.AX , fell in the month by 6.6%
and 22.2%, respectively.
        During the first 10 months of the year, national copper
production totaled 2.23 million tons, down 0.7% compared to the
same 10-month period last year.
  
        The government forecasts that 2024 copper output will
total 2.8 million tons, up slightly from the 2.76 million tons
mined last year.
  

 (Reporting by Marco Aquino; Editing by Brendan O'Boyle)
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