Chile Considers Growing Copper Smelting Capacity
The natural resource industry in Chile is deliberating on whether to grow its capacity in the production of refined copper or concentrate on the already established export in copper concentrate. Despite the nation being the first worldwide in the production of copper concentrate, only 25% of the total copper produced is processed in the country. The director of Cesco, the copper studies center, Iván Valenzuela, stated during a webinar that the poor management of some firms in the smelting sector may have discouraged more investment in the sector. The center’s interests lie in the separation of both factors. He argues…