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Reforms will raise doubts over Chile's mining outlook

Tuesday, June 1, 2021

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.

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