Contact Us

Wednesday, April 5, 2023

Giant Chile mines are struggling just as world needs more copper

 Mines in the biggest copper-producing nation are struggling just as demand for the wiring metal is expected to accelerate in the shift away from fossil fuels. Chile, which accounts for a quarter of the world’s mined copper, posted its lowest monthly production in six years on Friday. Hours later, state-owned behemoth Codelco said its output woes of 2022 will only get worse this year as it strives to tap new areas of its aging deposits after decades of underinvestment.

https://www.mining.com/web/giant-chile-mines-are-struggling-just-as-world-needs-more-copper/

No comments:

Post a Comment