18
May
09:50
CMP’s first-quarter revenue drops despite higher production
Compañía Minera del Pacífico (CMP) saw iron ore production rise year-on-year during the first quarter, but revenue fell in the period, Kallanish learns from the company's latest report. CMP is the mining arm of Chile's CAP Group.
CMP iron ore production amounted to 2.9 million tonnes in Q1, up 10.8% compared to 2.6mt in the corresponding period in 2021. “The increase resulted from the good operational performance of each of …
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