MEXICO CITY (Reuters) – Top world copper producer Codelco reported on Friday a 35% drop in pre-tax profit to $2.4 billion for the first half of 2022, while its copper production fell 7.5% to 736,000 tonnes of copper versus the first half of 2021.
The Chilean state miner reported direct cash costs rose 11.8% in the first half of the year to $1.51 per pound of copper.
(Reporting by Isabel Woodford and Noe Torres)
