Chile Copper Output to Grow Dramatically in Next Decade

Published: Sep 22, 2017 17:03

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Chile’s copper output may jump 20% in the next 10 years.

SHANGHAI, Sept. 22 (SMM) – Chile’s copper output may jump 20% in the next 10 years, growing from last year’s 5.50 million tonnes to 6.60 million tonnes by the year 2028, Chilean Mining Minister Williams said in an interview on Thursday.

WBMS: World Copper Deficit Intensifies Sharply during Jan-Jul

Investment at mines increased 32% this year to $65 billion, boding well for the country’s mining industry.

Copper Consumption to Grow as New Energy Vehicle Booms

Copper price gains are believed to have incentivized ore exploration in the world’s largest copper producing country.

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Copper Output copper production

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