Position:home>Chemical Engineering>Company of estate of Chile state-operated copper profit dropped first half of th
Company of estate of Chile state-operated copper profit dropped first half of th
From;  Author:Stand originally
Company of estate of Chile state-operated copper (CODELCO) the first ten days of a month was announced in August 2008 this year first half of the year company outstanding achievement, this year 1-6 month, the profit before corporation tax is 4.108 billion dollar, with compared 2007, reduced 562 million dollar. Main reason is negotiation of contract of labor of both sides of labour and capital caused production to interrupt May this year, cupreous output reduced 89 thousand tons.



This year first half of the year, copper of cathode of London metal bourse all valence reachs 367.8 cent / pound, with photograph of the corresponding period was compared 2007, increased 60.8 cent / pound. But the sale as a result of its copper product by dropped 861 thousand tons of first half of the year 2007 this year 723 thousand tons of the corresponding period, drop extent is amounted to 16% , accordingly, with on one year photograph of sales revenue of the corresponding period is compared, still drop somewhat this year, cupreous product sales revenue obtained company of estate of Chile state-operated copper first half of the year 2008 5.477 billion dollar, the corresponding period was 5.646 billion dollar 2007.



Mine copper output is the company first half of the year 675 thousand tons, if include A Bo of moxa Er · to haul copper mine (El Abra Mine, company of estate of Chile state-operated copper holds 49% share) mine copper output, criterion mine copper total output achieves 715 thousand tons.



Produce cost field, 2008 first half of the year, the cost of average cash reserve in a bank that company mine copper produces is 60.1 cent / pound, to cathode copper from copper mine average production cost is 108.5 cent / pound, compare 2007 the 63.3 cent of the corresponding period / pound, added 42.2 cent / pound. Investigate its reason, basically be exterior element brought about cost to add 25.3 cent / pound, include material to rise in price, the custom duty of exchange rate on the low side and report changes, among them, 20.5 cent / because copper mine grade is reduced,the pound is bring about copper mine to handle cost to increase.