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Operational Highlights

  Years ended December 31,
  2021  2020 2019 2018
Fresh Tailings From El Teniente
Tonnes processed 48,018,661 43,662,625 42,309,069 43,403,906
Copper grade 0.15% 0.13% 0.11% 0.12%
Copper recovery 20.7% 19.9% 18.6% 18.9%
Copper produced (M lb) 32.28 25.60 19.27 21.3
         
Historic Tailings From El Teniente
Tonnes processed 18,073,067 15,488,590 20,685,058 22,279,089
Copper grade 0.238% 0.251% 0.254% 0.249%
Copper recovery 32.8% 34.2% 33.6% 35.7%
Copper produced (M lb) 31.09 29.31 38.89 43.7
         
Toll Processing (1)
Copper produced (M lb) - 1.23 11.59 -
         
Total copper produced (M lb) 63.38 56.18 69.75 65.0
MVC’s copper price (US$/lb) 4.25 2.94 2.73 2.92
Cash cost (US$/lb)2 1.75 1.76 1.82 1.56

Notes:
1 In 2019 and 2020, MVC had an agreement to toll process DET smelter slag.

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