Profil:
KGHM Polska Miedź SAUPDATE: KGHM group copper sales at 56.7k tonnes in July, down 5 pct y/y
Copper sales of listed copper group KGHM in July amounted to 56,700 tonnes, down by 5 percent year on year. Payable copper output amounted to 59,900 tonnes, down 2 percent year on year, KGHM said in a market filing on its preliminary production and sales results.
Production of payable silver amounted to 130.4 tonnes, up by 14 percent year on year. Silver sales amounted to 98.7 tonnes, down by 22 percent year on year.
TPM output reached 13,500 troy ounces, down by 19 percent year on year. TPM sales amounted to 7,200 troy ounces, down by 29 percent year on year.
Molybdenum production amounted to 700,000 pounds, 500,000 pounds higher than the amount recorded in July 2024. Molybdenum sales amounted to 400,000 pounds, higher by 300,000 pounds year on year.
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