Chile’s national copper producer, Codelco, has announced that the strike that ended at the end of January in the northern port of Angamos resulted in revenue from exports dropping by $130 million by the end of December, when 13 working days were lost.
Port operator, Ultraport, noted that some 3,400 tonnes of copper had been adversely impacted by the stoppage. In its nine years of operation, Angamos has handled some 12mt (million tonnes) of copper, making it Chile’s leading port in terms of this product. In 2012, it reported handling 1.4mt of copper, equal to 60% of the product in the Antofagasta region.
Barry Cross