Hormuz Closure Disrupts Copper Output as Acid Supply Tightens
The closure of the Strait of Hormuz, alongside China’s decision to halt exports of sulfuric acid from May 1, is tightening global supplies of a critical chemical used in copper production. The combined effect is placing mounting pressure on both the agricultural and mining industries, which depend heavily on acid-intensive processes. Chile, a major hub for copper production and the largest importer of sulfuric acid, is particularly vulnerable to rising costs. At the same time, prolonged geopolitical tensions between Iran and the United States, including a blockade targeting Iranian ports, are extending supply chain disruptions. This is increasing input cost risks not only in Latin America, but also in agricultural and industrial sectors in countries such as…