Antofagasta (GB:ANTO) has released an update.
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Antofagasta PLC reported a 15% increase in copper production for Q3 2024, with continued strong performance expected to keep full-year production within the lower range of 670-710,000 tonnes. Despite higher production costs year-to-date, Q3 saw a significant reduction in cash costs, driven by improved operations at Los Pelambres and Centinela. The company also continues to make progress on significant development projects, aiming for increased output in 2025.
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