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الاقتصادية
Chile marriages at 60%, Asia grows influence
The copper smelting industry in Chile faces significant challenges, with its smelters operating at only about 60% of their capacity, despite the country possessing approximately 23% of the world's copper concentrates. This situation arises amid a decline in global copper concentrate supplies due to lowering ore grades and mine delays, leading to a drop in processing and refining fees to near zero or even negative levels, thereby squeezing smelter profits. With Chile’s share of blister copper production decreasing to 4.2% by 2025, the country's heavy reliance on the Chinese market and the increasing competition from Asian smelters—expected to add 8.2 million tons annually in processing capacity by 2041—pose even greater challenges that require improved performance before new smelters are built.
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