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Codelco Slashes 2023 Copper Output Predictions

Chile’s state copper miner Codelco has slashed its copper output predictions for the year amid expectations of more disruptions in production. The new forecast puts the miner’s annual production at 1.31 million  to 1.35 million metric tons of copper from the previous forecast of 1.35 million to 1.45 million metric tons.

This announcement comes after months of declines and just as Codelco reported an…

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