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Despite stricter environmental regulations and tougher global outlook for smelters, cathode copper production at Ventasas refinery in Chile's Codelco is set to hit a record high in 2017, the company said on January 8 (Monday).
Cathodic copper production at Ventanas smelters reached record levels for the fourth year in a row. Total production in 2017 was 410,024 tonnes, an increase of 2,700 tonnes from the previous year's report.
According to Jose Sanhueza, Managing Director of Ventanas, the increase in production is evident with a simultaneous increase in gas emissions as well, as the surge in environmental protection projects accounts for more than $ 156 million in investment.Metal Titanium Electroplate Product manufacturer
"This is a historic achievement for our department," Sanhueza said.
The state-owned company said that Ventanas exported 99.99% pure copper cathodes to 35 countries.
On Monday, Metal's A-grade copper premium CIF Shanghai was valued at $ 68 a tonne.