Reforms will raise doubts over Chile's mining outlook

Significance

However, mining companies are warning that bills before Congress and possible changes under a new constitution to be drawn up by a recently elected constitutional convention could raise doubts over these plans.

Impacts

• As Chile’s copper mines age, efficiency gains will be ever more important for the industry’s ongoing international competitiveness.
• As countries seek to decarbonise, 'clean' copper will command an increasing price premium.
• In the constitutional convention, left-wing sectors will argue against extractivism as a manifestation of neoliberalism.