UPDATE 1-Chile April copper output down 3.9 pct vs year-ago

Mon May 30, 2011 1:37pm GMT
 

 * Third monthly decline from a year earlier
 * Molybdenum output rises 31 pct year-on-year
 (Adds molybdenum output, background)
 SANTIAGO, May 30 (Reuters) - Chile's copper output
CLCOPP=ECI fell 3.9 percent in April compared with a year
earlier to 438,340 tonnes, the National Statistics Institute
(INE) said on Monday.
 April was the third straight month that copper production
fell from a year earlier in Chile, the world's top producer.
 Chile, which holds by far the world's top copper reserves,
is expected to steadily increase output in the next two years
with new mine projects and upgrades.
 The country's molybdenum output rose 31 percent in April
from a year earlier to 3,597 tonnes.
 (Reporting by Moises Avila; Editing by James Dalgleish)

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