Chile Lawmakers Want a Bigger Share of the Copper Windfall

  • Opposition-backed bill now returns to committees, then senate
  • Ruling coalition deputies say proposal is unconstitutional
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Chile’s lower house approved a proposed royalty on copper and lithium sales as lawmakers seek a bigger contribution from some of the world’s top producers toward social and environmental projects.

The proposal, which was introduced in 2018 by opposition lawmakers and has gained momentum amid rallying metal prices, will go back to committees after some representatives sought modifications. The bill has yet to pass through senate.