19/10/2022
Quarterly Production Report – Q3 2022
Q3 2022 PRODUCTION REPORT - Q3 2022
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Antofagasta plc CEO, Iván Arriagada said: “As we guided last quarter, production has significantly improved in the third quarter of the year due to greater water availability at Los Pelambres increasing throughput, the movement of the concentrates that were temporarily stockpiled in June, and the higher grades at Centinela Concentrates. Across the Group, copper production increased by 40%.
“In the first nine months of 2022 we produced 450,600 tonnes of copper at a net cash cost of $1.76/lb and we remain on track to achieve the lower end of our full year production guidance of 640-660,000 tonnes.
“Following the lifting of the suspension of the marine construction works at the Los Pelambres desalination plant project, its completion is now expected in H1 2023 and Group copper production in 2023 is estimated at between 670,000 and 710,000 tonnes.”
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