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Why Chile's Copper Output Is Sinking Despite Booming Demand

Ageing mines and project delays cut output, while global demand pushed copper prices to a record $14,875 a ton, analysts said.

Summary
But Chile, which accounts for one-quarter of the world's supply of the critical mineral, has seen its output of its biggest export fall in recent years. In August, production fell to its lowest level in 15 years, even though strong global demand is keeping prices buoyant. Why is output falling? Chile's woes are largely due to the age of its mines. After decades of extraction, the biggest deposits have been depleted, meaning companies have to pr…

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The world is greedy for copper, essential for clean energies and data centers that drive artificial intelligence (AI). However, Chile, the world's largest supplier of metal, has seen its production fall in recent years. Latin America: Argentina's economy shrinks 1.7% in August compared to the same period in 2025 See also: After Mexico, Malaysia suspends imports of poultry meat from Brazil due to the focus of Newcastle disease In August, the coun…

·Rio de Janeiro, Brazil
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The country recorded its lowest monthly production in 15 years in August, a decline that contributes to the rise in the prices of red metal. Why is Chilean production declining? Chile is faced with the ageing of its mines, after decades of exploitation. The copper-rich areas are gradually exhausting and the companies have to deal with increasing quantities of rock to obtain the same quantity. "It is necessary to invest more, to devote much more …

·Issy-les-Moulineaux, France
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SANTIAGO, Oct 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Why Chile's copper output is sinking despite booming demand

·Luxembourg City, Luxembourg
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Chile's mines are getting older and the country has signed its lowest monthly production in 15 years in August. On a world market already under stress... Read more Chilean copper skates and makes prices rise all over the world appeared first on Le Singulier.

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France24 broke the news in Issy-les-Moulineaux, France on Wednesday, October 21, 2026.
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