Anglo American (LON: AAL) said on Tuesday it had begun producing copper concentrate as its $5.5 billion Quellaveco mine in Peru, which is expected to churn out between 100,000 and 150,000 tonnes this year.
The company, which has a 60% stake in the mine, earlier this year forecast the copper project to produce 100,000 to 150,000 tonnes this year, boosting the company’s overall copper production for 2022 to between 680,000 and 760,000 tonnes.