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Mining Doc Latest Articles

Production of Copper in Q2 2024

Production of Copper in Q2 2024

Significant changes have been observed in the worldwide copper mining sector during the second quarter of 2024. Significant output increases have been observed by companies like as MMG, Antofagasta, Ivanhoe Mines, and Teck Resources as compared to the first quarter of 2024. MMG produced 90,972 tonnes, a remarkable 35.52% increase in output. Production at Antofagasta increased by 20.02% to 155,300 tonnes. Production at Teck Resources increased by 11.52% to 110,400 tonnes, while production at Ivanhoe Mines increased by 16.95% to 100,812 tonnes.

Not many well-established businesses fared as well, as evidenced by the 8.37% rise in production to 504,900 tonnes that BHP Group needed to maintain its lead. With a 4.42% decrease in production, Freeport-McMoRan’s output dropped to 470,375 tonnes. Glencore and Lundin Mining also had declines, with 7.01% and 9.44%, respectively.

Company Tonnes Cu Q2 2024 Q/Q change
BHP Group 504,900 8.37%
Freeport-McMoRan 470,375 -4.42%
Codelco 309,000 -3.13%
Southern Copper 243,623 1.40%
Glencore 222,900 -7.01%
Anglo American 196,000 -1.01%
KGHM Polska 178,300 -0.50%
Rio Tinto 171,000 9.62%
Antofagasta PLC 155,300 20.02%
Teck Resources 110,400 11.52%
Nornickel 109,000 -0.70%
First Quantum Minerals 102,709 2.09%
Ivanhoe Mines 100,812 16.95%
Kaz Minerals 96,600 2.44%
MMG 90,972 35.52%
Lundin Mining 79,708 -9.44%

Credit to MiningVisuals

Disclaimer: The information presented here may contain inaccuracies and is subject to rounding. We do not guarantee that all information is complete or correct. We accept no responsibility for any errors, omissions, or outcomes resulting from the use of this information. This is not investment advice.

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