28 de octubre de 2015 / 7:29 / hace 2 años

Antofagasta cuts full-year copper output target

1 MIN. DE LECTURA

Oct 28 (Reuters) - Chile's Antofagasta Plc on Wednesday cut its full-year production forecast as the copper producer posted steady output in the third quarter versus the second.

London-listed Antofagasta reduced its copper output guidance for the year to 635,000 tonnes from a forecast of 665,000 after delayed the ramp-up at its Centinela operations.

Copper production in the third quarter was 157,000 tonnes, in line with the second quarter, the company said.

Like its peers, Antofagasta is battling a slide in commodity prices as a result of slowing growth in China, the world's top consumer of industrial metals.

London copper prices are recovering from six-year lows hit in late August. (Reporting by Olivia Kumwenda-Mtambo; editing by Jason Neely)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below