Chile Lowers Copper Production Outlook, Raises Price Forecasts Chile's copper industry has been grappling with a perfect storm of challenges, including drought and global economic uncertainty.
The latest news from Santiago is that production levels are expected to decline further due to these factors. This development comes as no surprise to those familiar with the sector.
How Chile's Copper Industry Has Been Impacted by Drought and Global Economic Uncertainty Chile is the world's largest copper producer, accounting for over a quarter of global output.