Chile Copper Mining to 2023
- March 2020 •
- 43 pages •
- Report ID: 5888157 •
- Format: PDF
"Chile Copper Mining to 2023" comprehensively covers Chilean reserves of copper, historic and forecast trends in the country’s copper production and the key active, exploration and development copper mines and projects. The report also analyses factors affecting the country’s demand for copper, copper mining investments, and profiles the major copper producers.
Copper production in Chile is estimated to have declined by 1.4% to 5.75Mt in 2019. Lower ore grades and production disruptions were the key factors that affected the country’s overall output in that year. Production in 2020 is also expected to remain flat at 5.76Mt, lower ore grades will be of major concern for Chilean miners.
In addition to that, shipments to China are expected to decline due to the outbreak of Coronavirus, which created havoc since the beginning of 2020.However, a revival in trade is expected, encouraging Chilean miners to boost domestic supply, particularly during the second half of the year.
Production over the forecast period (2020-2023) is expected to grow at a CAGR of 3.3%, to reach 6.4Mt in 2023. This growth can be attributed to the commencement of new projects and the expansion of the existing ones.
- The report analyses Chile’s copper mining industry, with details of reserves, production trends and forecasts, the competitive landscape and listing of the major active, exploration and development projects.
Reasons to Buy
- To gain an understanding of Chile’s copper mining industry, relevant driving factors
- To understand historical and forecast trend on the country’s copper production, consumption and exports