Skip to content

Monthly report

Chile's copper output, October 2024

Chile produced 488.9 kt of fine mine copper in October 2024. That is 6.36% more than in October 2023 (459.7 kt). In the 10 months to October 2024 it adds up to 4,458.2 kt, 3.35% more than in the same period a year earlier.

The 34 operations the table details produced 477.6 kt, 97.68% of the total; the rest comes from producers the table does not break down by operation.

What stands out

  • It is the highest October since 2019.
  • 4 months in a row above the same month a year earlier.
  • In the twelve months to October 2024 the country adds up to 5,394.7 kt, 2.47% more than in the twelve before.
  • Carmen de Andacollo: its highest month since March 2020, at 4.9 kt. Cochilco
  • Ojos del Salado (Lundin): its highest month since July 2022, at 1.7 kt. Cochilco

Chile's mine copper, October 2024

488.9 kt

6.36%against October 2023Cochilco

January to October 2024

4,458.2 kt

3.35%against the same period of 2023

Copper price, average of the month (LME)

432.7 ¢/lb

20.15%against October 2023Cochilco

Who rose and who fell

Added the most

In tonnes, against October 2023.

  1. Escondida+19.6 ktfrom 88.4 to 108Cochilco
  2. Quebrada Blanca+6.8 ktfrom 9.6 to 16.4Cochilco
  3. Candelaria+5.8 ktfrom 10.8 to 16.6Cochilco
  4. El Teniente+4.5 ktfrom 31.5 to 36Cochilco
  5. Mantoverde+3.3 ktfrom 3 to 6.3Cochilco

Lost the most

In tonnes, against October 2023.

  1. Los Bronces−8.2 ktfrom 20.2 to 12Cochilco
  2. Collahuasi−5.3 ktfrom 54.8 to 49.5Cochilco
  3. Andina−3.7 ktfrom 16.3 to 12.7Cochilco
  4. Cerro Colorado−1.3 ktfrom 1.3 to 0Cochilco
  5. Gabriela Mistral−1.1 ktfrom 10.5 to 9.4Cochilco

Operation by operation, October 2024

Thousand tonnes of fine copper at 100% of each operation. Every row links to its source.

OperationOctober 20242023ChangeYear to date 2024ChangeShare of totalSource
1Escondida10888.422.21%1,035.711.6%22.08%Cochilco
2Collahuasi49.554.89.59%480.73.4%10.13%Cochilco
3El Teniente3631.514.33%281.53.99%7.36%Cochilco
4Los Pelambres30.1287.49%273.911.57%6.16%Cochilco
5Chuquicamata24.823.26.94%219.69.08%5.07%Cochilco
6Spence22.620.211.71%2121.03%4.62%Cochilco
7Radomiro Tomic21.522.54.1%218.116.64%4.41%Cochilco
8Candelaria16.610.853.6%116.710.54%3.4%Cochilco
9Quebrada Blanca16.49.671.36%163.5345.17%3.35%Cochilco
10Centinela Sulfuros14.9166.51%90.132.22%3.05%Cochilco
11Ministro Hales13.814.97.33%78.517.88%2.83%Cochilco
12Sierra Gorda12.911.215.22%122.91.58%2.64%Cochilco
13Andina12.716.322.38%152.311.64%2.59%Cochilco
14Los Bronces1220.240.5%145.818.38%2.46%Cochilco
15Caserones109.73.57%102.98.06%2.05%Cochilco
16El Abra9.78.119.04%82.62.13%1.98%Cochilco
17Gabriela Mistral9.410.510.68%86.52.6%1.92%Cochilco
18Centinela Óxidos7.97.55.05%83.431.18%1.61%Cochilco
19Zaldívar7.47.62.38%67.11.05%1.51%Cochilco
20Antucoya6.97.23.37%66.64.9%1.42%Cochilco
21Lomas Bayas6.465.95%61.419.77%1.3%Cochilco
22Mantoverde6.33109.58%4247.88%1.29%Cochilco
23Carmen de Andacollo4.93.926.78%31.55.61%1.01%Cochilco
24Mantos Blancos4.5410.33%35.516.68%0.91%Cochilco
25El Soldado4.22.569.39%39.814.8%0.86%Cochilco
26Salvador1.70.5215.36%1.786.86%0.34%Cochilco
27Ojos del Salado (Lundin)1.71.421.52%11.413.91%0.34%Cochilco
28Michilla1.51.63.44%16.64.91%0.32%Cochilco
29Atacama Kozan1.21.22.24%9.413.75%0.25%Cochilco
30Franke1.21.20.09%10.37.63%0.24%Cochilco
31Cerro Negro0.40.47.93%3.51.19%0.07%Cochilco
32Pampa Camarones (mina y planta de cátodos)0.30.49.59%46.26%0.07%Cochilco
33Tres Valles0.10.112.8%1.30.78%0.02%Cochilco
34Cerro Colorado01.3100%0100%0%Cochilco
Total of 34 operations477.6445.57.19%4,348.73.9%97.68%
Other producers, not detailed in the table11.414.219.79%109.514.81%2.32%
Chile total488.9459.76.36%4,458.23.35%100%Cochilco

The figures are those of Cochilco's monthly table of mine copper output by company, in kt and at 100% of each operation. Chile's total is the one the table prints. The sum of the operations, what is left for the other producers, the year-to-date figures and the changes are our own sums and differences on those figures. The sentences of this report are assembled from them: no language model is involved.