ASSESSMENTS
Chile's Copper Boom Comes to an End
Jan 2, 2015 | 10:00 GMT
(MARTIN BERNETTI/AFP/Getty Images)
Summary
Chile's copper industry is approaching a turning point. For nearly 10 years, increased foreign demand for copper spurred rapid economic growth in Chile, providing a steady flow of revenue for the government. This boom appears to be slowing, however, a development that puts Santiago in a potentially problematic situation. As Chile copes with reduced revenue and continues with plans to introduce important reforms, mining exploration and production will be key to securing Chile's long-term future as a top copper producer.
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