The world’s top copper miner posted the lowest production in more than a decade during the first quarter after heavy rains hit its operations and output declined across all of its aging mines.
Chile’s Codelco churned out 370 900 t in the first quarter of 2019, down 27% from the previous three months and the lowest since the second quarter of 2008, according to a monthly report by the government’s copper agency Cochilco. March monthly production recovered after it fell to the lowest in more than three years in February.