The Chilean Minister of Mining expects a slowdown in global copper demand in the short term due to tariff impacts.

Published: Apr 10, 2025 10:30

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On Wednesday, April 9, Chilean Mining Minister Aurora Williams stated that global copper demand might slow down in the short term due to uncertainty over US tariffs. She mentioned that if the US imposes tariffs on Chilean copper, Chile would aim to gain a competitive advantage at the lower end of the tariff range. Williams said in an interview, "From the perspective of lower tariffs, this makes us more competitive and presents a significant opportunity." She added that if faced with unfavorable trade conditions, Chilean copper producers might alter global supply routes. For more updates on the copper industry chain, you are welcome to attend the CCIE 2025 SMM (20th) Copper Conference & Expo, hosted by SMM, which will be held grandly in Nanchang, Jiangxi from April 22 to 25, 2025. Over 3,000 industry elites, representatives from upstream and downstream enterprises of the copper industry chain, government officials, industry associations, third-party equipment, logistics and warehousing, as well as academic and research experts will gather together. The conference covers mines, smelting, copper processing, trade, recycling, and end-use applications, encompassing the entire copper industry chain. At the event, more than 100 exhibitors will showcase the latest copper processing and smelting equipment, high-quality raw material suppliers, and new-type copper-based materials, highlighting the innovation and vitality of the copper industry. The conference features a variety of exciting activities: the main forum focuses on global copper market trends, raw material supply, policy impacts, and market directions. Sub-forums delve into industry hot topics such as electrical power transmission and distribution, secondary copper, copper-based new materials, hardware and plumbing, and ESS. Additionally, a two-day field trip will visit 12 representative enterprises with a cumulative capacity of 1 million mt in the copper industry. Share cutting-edge technologies and valuable experiences to upgrade the copper industry chain and promote high-quality industry development. The CCIE 2025 SMM (20th) Copper Conference & Expo will help you grasp industry trends, expand your network, and explore business opportunities! SMM cordially invites you to gather in Nanchang, Jiangxi from April 22 to 25, to unite in the new era and jointly plan for new development!

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