Chile's Codelco copper output slumps in January, Escondida jumps

Copper output fell sharply at state miner Codelco's deposits in January, while BHP's sprawling Escondida mine saw production jump, according to Chile state copper agency Cochilco.

Cochilco said output at Codelco, the world's largest copper miner, plunged 6.8% in January over the same month in 2019, to 118,600 tonnes. Production at BHP's BHP.AX Escondida, the globe's largest copper mine, rose 10% to 100,900 tonnes.

The massive Collahuasi copper mine in northern Chile, a joint-venture between Anglo American AAL.L and Glencore GLEN.L, also saw its January production rise 20.2%, to 53,500 tonnes, the agency said.