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Chile Copper Mines Deliver Worst Quarter in at Least Two Decades

Bloomberg Markets Friday 30 October 2026, 13:54 UTC By James Attwood 1 min read
Key Points

Chile Copper Mines Deliver Worst Quarter in at Least Two Decades Chile’s copper output slumped to its lowest quarterly level in at least two decades as accidents and wild weather compounded operational setbacks and the effects of deteriorating ore quality in the top-producing nation. Production totaled 1.16 million metric tons in the third quarter, down 12% from a year earlier and 8.7% from the previous three months, according to calculations based on monthly data from Chile’s statistics...

Chile Copper Mines Deliver Worst Quarter in at Least Two Decades Chile’s copper output slumped to its lowest quarterly level in at least two decades as accidents and wild weather compounded operational setbacks and the effects of deteriorating ore quality in the top-producing nation. Production totaled 1.16 million metric tons in the third quarter, down 12% from a year earlier and 8.7% from the previous three months, according to calculations based on monthly data from Chile’s statistics agency INE. It was the lowest quarterly total in data going back to late 2006.
Chile Copper Mines Deliver (ORG) Chile (LOCATION) INE (ORG)
Originally published by Bloomberg Markets Read original →

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