Codelco sees annual copper production reaching 2 mln tonnes by 2026
SANTIAGO, April 15 (Reuters) - World no.1 copper producer Codelco expects its annual copper production to reach around 2 million tonnes by 2026, as new mines and extension projects boost output.
State-run Codelco produced 1.67 million tonnes of copper in 2014.
Codelco sees the cash cost of producing a pound of copper at around $1.51 between 2015 and 2019, marginally higher than last year's $1.50, chief executive Nelson Pizarro told journalists at a meeting during the CESCO/CRU copper conference in Chile. (Reporting by Anthony Esposito and Fabian Cambero; Editing by Chizu Nomiyama)
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