July 31, 2020 / 3:59 PM / 13 days ago

Chile's Codelco reports pre-tax profits of $380 mln in first half 2020, output up 4.7%

SANTIAGO, July 31 (Reuters) - Chile´s Codelco, the world´s top copper producer, reported on Friday pre-tax profits of $380 million in the first half of 2020, while direct cash costs plunged 9% amid the coronavirus outbreak, the company said.

The company said it had boosted production by 4.7% during the first six months of the year, to 744,000 tonnes. (Reporting by Dave Sherwood and Fabian Cambero)

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