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Home / Metal News / Cochilco: Copper Production in Chile to Exceed 6 Million mt in 2025

Cochilco: Copper Production in Chile to Exceed 6 Million mt in 2025

Feb 10, 2023 13:19

Source:全球地质矿产信息网

Chile's copper production is expected to exceed 6 million mt in 2025 and rise to 6.58 million mt in 2033.

The Chilean Copper Commission (Cochilco) has recently released its forecast for Chile's copper production from 2022 to 2033, which shows that Chile's copper production is expected to exceed 6 million mt in 2025 and rise to 6.58 million mt in 2033, a 17% increase compared to 2021 but lower than previous forecast.

The reports suggests that many of the country's mining projects, which are important for copper output in the next decade, have not progressed during the spread of covid-19 epidemic.

In addition, the report downgraded its forecast for Chilean copper production peak to 7.14 million mt in 2030, which is 2 years later than previous forecast.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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