Chile copper output jumps again in April even as coronavirus hammers economy

South American mining giant Chile churned out more copper in April than the same month the previous year, according to government data released on Friday, even as measures to tame the coronavirus outbreak continued to hammer its economy.

The world´s largest producer of the red metal boosted production by 2.8% in April to 474 880 t versus the same month a year ago, national statistics institute (INE) data showed. The uptick comes despite a small drop in copper processing and falling ore grades at the country´s top mines.