Anglo American's copper production falls in Q3
Time:Mon, 28 Oct 2024 09:29:47 +0800
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According to data released by Anglo American, its copper production in the third quarter of this year fell by 13% year on year, which was significantly lower than the production level in the same period last year and lower than market expectations.
Market analysts pointed out that this may be related to various factors such as changes in supply and demand in the global copper market, adjustments to the company's own operating strategy, and geological conditions of the mine.
Despite the difficulties of declining production, Anglo American still expressed firm confidence in its full-year copper production target for 2024 and maintained its full-year copper production target unchanged.
This statement not only showed the company's confidence in its own strength but also sent a positive signal to the market.
