Antofagasta：第三季度铜产量为16.18万吨 环比增长1%

Group 1 - Antofagasta reported a copper production of 161,800 tons in Q3 2025, representing a 1% quarter-on-quarter increase, with an annual production guidance of 660,000-700,000 tons at the lower end [2] - China's copper industry faces three major challenges: increasing reliance on foreign upstream resources, overcapacity in the midstream processing sector, and downstream demand being suppressed by high copper prices [2] - To assist the industry in navigating these changes, Shanghai Nonferrous Metals Network collaborated with copper industry enterprises to compile the "2026 China Copper Industry Chain Distribution Map," available in both Chinese and English [2]