Antofagasta produced 284,700 metric tons of copper within the first half, down 3.7% from the identical interval in 2023, on decrease grades at each of its most important belongings, Los Pelambres and Centinela.
The corporate, which operates 4 copper mines in Chile, left capital expenditure steerage for the 12 months unchanged at $2.7 billion.
Copper is used within the energy and development industries and is extensively anticipated to profit from the inexperienced power transition through further demand from the electrical car sector and new functions together with knowledge centres for synthetic intelligence.
(By Clara Denina; Modifying by Andrew Heavens and Jamie Freed)