Chile's Copper Output Set to Hit 23-Year Low as Accidents, Storms Compound Mine Aging

Name: Chile's Copper Output Set to Hit 23-Year Low as Accidents, Storms Compound Mine Aging
Uploaded: 2026-10-23T01:58:13.736082+00:00
Description: Chile's Finance Minister Jorge Quiroz said on Oct. 21, 2026 that national copper output will likely fall 8%-9% this year, a sharper decline than his earlier forecast. The slump, driven by fatal mine accidents, extreme weather and aging assets, could push production to its lowest level since 2003.

Chile's Finance Minister Jorge Quiroz said on Oct. 21, 2026 that national copper output will likely fall 8%-9% this year, a sharper decline than his earlier forecast. The slump, driven by fatal mine accidents, extreme weather and aging assets, could push production to its lowest level since 2003.

Read the full story