(Bloomberg) -- Chile registered its biggest month of copper production this year, and the best October since before the pandemic, as the biggest supplier of the wiring metal recovers from project setbacks.

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Mines including those operated by Codelco and BHP Group churned out 492,804 metric tons in October, according to data released Friday by Chile’s bureau of statistics. That’s 6.7% higher than the same month last year and the most productive October since 2019.

Production in Chile is on the rise after slumping to 20-year lows as companies undertake multibillion-dollar projects to revamp aging operations and combat deteriorating ore quality. State-owned Codelco said it exceeded its own monthly production goal in October, consolidating a recovery that began in August.

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