Chile maintains its status as the top copper-producing country globally. But it’s facing the challenge of aging copper mines. Yet demand is high and there aren’t enough production from these mines. So copper prices could continue surging. A drop in production was already seen during the month of May. That’s because Chile registered its lowest production month in over a year. The country is en route to witness its first annual decline in almost 20 years. And the current production trend is heading lower.
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