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Copper production costs in Chile increased 20.9% in the first semester as the C1 cash cost rose to US$1.61 per pound from $1.33 in 2021, reported state copper agency Cochilco.
Copper costs increasing in Chile
C1 cash costs are now at their highest level since 2016, the agency said, with only six operations experiencing falling costs in the first half year compared with the same period in 2021.
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