Bloomberg News

Chile Says Copper Production to Increase More Than 6%

April 16, 2012

(Corrects comments on Chinese slowdown in second paragraph.)

Chilean copper production probably will rise more than 6 percent this year compared with 2011, Mining Minister Hernan de Solminihac told reporters today.

Copper prices should remain around current levels because of supply shortages, he said. Slowing Chinese demand probably won’t “influence” the market in the short term, he said.

To contact the reporter on this story: Matthew Craze in Santiago at mcraze@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net


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