Chile’s Copper Industry Eyes Double-Digit Growth After Reforms
Copper anodes are loaded for shipment at a copper facility in El Olivar, Chile.
Photographer: Cristobal Olivares/BloombergChile, the world’s top copper producer, could break out of two decades of stagnant output by cutting red tape and easing regulation under the incoming government, according to the country’s mining industry group.
Sonami President Jorge Riesco said Tuesday he agrees with recent comments from President-elect José Antonio Kast’s team that mining output could rise by 10% to 20% over the next year or two. Kast’s projections followed consultations with Sonami, Riesco said.