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Copper output from Chile's Codelco dips in July

Codelco's Chuquicamata

Codelco's Chuquicamata

Photo by Bloomberg

11th September 2026

By: Reuters

  

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SANTIAGO - Copper output at Chilean State miner Codelco, one of the world's largest copper producers, fell 5% from a year earlier in July to 112 800 tons, data from state copper commission Cochilco showed on Thursday.

The latest Codelco copper production data extends a weak run for the company as it battles operational setbacks at key mines.

Production at BHP-controlled Escondida, the world's biggest copper mine, slumped 22.1% to 89 400 tons.

Output at Collahuasi, jointly owned by Anglo American and Glencore, rose 12.3% to 38 400 tons.

Chile's overall copper production fell 9.4% in July, with the statistics agency blaming severe weather in the north and maintenance at major operations.

Cochilco said in August it expects Chile's copper output to dip around 2.5% in 2026 before rebounding next year.

Edited by Reuters

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