Antofagasta Reports 2% Rise in 2023 Copper Production
January 17, 2024
Antofagasta, a major player in the copper industry, has recently announced an increase in their 2023 copper production by 2%. This growth is primarily attributed to improved water availability at their flagship project Los Pelambres. The company's output from this project saw a notable surge due to these favorable conditions.
In addition to the increased production, Antofagasta has also disclosed its capital expenditure plans for 2024, estimating $2.7 billion in investments. This indicates their commitment towards further expansion and development within the copper industry.
