Chilean copper miner Antofagasta Plc posted higher copper output for 2008, though molybdenum output fell by almost a quarter.
The company said in a statement its copper output last year rose to 477,700 tonnes, up from 428,100 tonnes in 2007 and a rise of 11.6 percent - however, fourth-quarter production fell 2.7 percent from Q3 to 120,400 tonnes.
Molybdenum output for 2008 fell 23.5 percent to 7,800 tonnes.
Antofagasta said on Tuesday it was conducting a review of its assets and any impairments would be reported when it releases financial results on March 10. It has already said that its Lince open pit will close as falling metals prices have affected its viability.
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