Antofagasta Expects 2022 Copper Production at Bottom of Guidance Range
June 15 2022 - 2:47AM
Dow Jones News
By Jaime Llinares Taboada
Antofagasta PLC on Wednesday warned that its 2022 copper
production will be at the bottom end of the 660,000-690,000 metric
tons guidance range.
The company's Los Pelambres operation has been affected by a
leak in the concentrate pipeline this month. Antofagasta said
repairs have started and the pipeline should resume by the end of
June.
"During the shutdown the processing plant has been operating at
lower rates of throughput, with concentrates being stockpiled at
the plant. These will be transferred to the port between July and
October using the spare capacity of the pipeline," the
Chile-focused mining company said.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
June 15, 2022 02:32 ET (06:32 GMT)
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