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Cochilco lowers copper price forecast to $4.18/lb

Chile’s state copper commission expects a marginal surplus in the refined copper market

Isabeau van Halm
The Andina mine in Chile. Credit: Codelco

The Andina mine in Chile. Credit: Codelco | Credits: Divulgação

Cochilco lowered its copper price projection for 2024 to US$4.18/lb, down $0.12 from previous expectations, on an expected marginal surplus in the refined copper market. Chile's state copper commission...

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