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Codelco sees slightly lower copper output in second quarter

Chile’s Codelco, the world’s No 2 copper producer, expects second-quarter output to decrease about 1% or 2% from the year-ago period, its chief executive said Friday.

“Our production is a little below last year’s,” Nelson Pizarro told journalists at the opening of Antofagasta’s new Antucoya mine in Chile’s northern copper belt.