前九个月铜产降9% 英美资源预警2026年铜产量或不及预期

Group 1 - Anglo American reported a 9% year-on-year decline in copper production for the first nine months of 2025, with a total of 526,000 tons compared to 575,000 tons in 2024, but maintained its full-year copper production forecast between 690,000 and 750,000 tons [1] - The company raised its iron ore production forecast from 57 million to 61 million tons to 58 million to 62 million tons due to early completion of pipeline inspections at the Minas-Rio project in Brazil [1] - Anglo American announced plans to merge with Teck Resources to create a global mining giant focused on copper, following a rejected $49 billion takeover bid from BHP [1] Group 2 - The copper market is facing supply challenges due to frequent accidents and production disruptions in South America and Central Africa, despite rising demand driven by clean energy transitions and AI [2] - Anglo American is reassessing its 2026 production plans for Chile, previously expected to increase from 380,000-410,000 tons this year to 470,000 tons, and is seeking remedial measures while aiming for growth by 2027 [2] Group 3 - Copper prices have rebounded 25% this year due to rising supply concerns, recovering from declines caused by earlier trade tensions [3] - Recent setbacks in the industry include fatal landslides at Freeport McMoRan's Grasberg mine in Indonesia, flooding at Ivanhoe's Kamoa-Kakula mine in the Democratic Republic of Congo, rockfall incidents at Codelco's top mine in Chile, and Teck Resources lowering its production guidance for its flagship Chilean mine [3]