Deadly Storms in Chile Intensify Copper Supply Concerns
Severe storms across Chile have caused disruptions to copper mining in the world's largest copper-producing nation, raising fresh concerns about global supply as demand continues to grow from AI, energy transition and electrification. Heavy snowfall, flash floods and intense rainfall have affected northern Chile, home to several of the country's biggest copper mines. The extreme weather has claimed over 10 lives and impacted thousands of residents, government officials say. Several major miners have reported operational disruptions. Lundin Mining suspended production at its copper-molybdenum site in Caserones after heavy snow damaged power infrastructure, while its Candelaria operation experienced only temporary interruptions.…
