Profil:
KGHM Polska Miedź SAKGHM group copper sales at 59,4k tonnes in August, up 8 pct y/y
KGHM group copper sales amounted to 59,400 tonnes in August, up by 8 percent year on year. Payable copper production amounted to 63,400 tonnes, up by 8 percent year on year, KGHM said in a market filing on its preliminary production and sales results.
Production of payable silver amounted to 75.1 tonnes, down by 43 percent from the prior year period due to a maintenance shutdown at the precious metals plant. Silver sales amounted to 85.1 tonnes, down by 34 percent year on year.
TPM production amounted to 9,800 troy ounces, down by 28 percent from the prior year period. TPM sales amounted to 18,900 troy ounces, up by 35 percent year on year.
Molybdenum production amounted to 400,000 pounds, up by 33 percent year on year. Molybdenum sales amounted to 200,000 pounds, down by 33 percent from August 2023.
mik/ nl/