|Years ended December 31,|
|Fresh Tailings From El Teniente|
|Copper produced (M lb)||21.3||21.8||21.1||23.8|
|Historic Tailings From El Teniente|
|Copper produced (M lb)||43.7||39.3||32.8||10.8|
|Toll Processing From Maricunga (1)|
|Copper produced (M lb)||0||1.5||3.0||2.8|
|Total copper produced (M lb)||62.0||62.5||56.8||37.3|
|MVC’s copper price (US$/lb)||2.92||2.83||2.25||2.47|
|Cash cost (US$/lb)2||1.56||1.64||1.73||2.18|
1MVC had a tolling agreement with Compania Minera Maricunga for the processing of copper concentrates that expired in 2017.
2 Cash cost is a non-GAAP measure equal to the aggregate of smelting and refining charges, tolling costs net of inventory adjustments and administration costs, net of by-product credits.