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Chile And Peru: 2023 Copper Production Threatened By El Niño

Mining / Chile / Wed 26 Jul, 2023

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  • In 2023, we expect copper production in Chile and Peru to rise by 2.8% and 5.4% y-o-y respectively, ­­on the back of increasing output from mining projects coming online and a rising trend of investment in copper projects despite operational challenges.
  • That being said, the onset of global weather phenomenon El Niño poses strong
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