Chile’s copper production surged by 14.3% year-on-year in December, totaling 566,547 tonnes, according to the INE. Additionally, the manufacturing sector also noted an increase of 8.4% during the same timeframe.
In December, Chile, recognized as the world’s leading copper producer, witnessed a substantial increase in its copper output, which rose by 14.3% compared to the previous year, reaching 566,547 tonnes. This significant growth reflects the robust performance of the nation’s mining sector, as reported by the country’s National Statistics Institute (INE). Furthermore, the manufacturing production in Chile also saw an impressive rise of 8.4% year-on-year during the same period, indicating a positive economic trend amid global market fluctuations.
In summary, Chile’s mining sector demonstrated remarkable resilience and growth with a 14.3% rise in copper production in December. Additionally, the manufacturing sector’s 8.4% increase further underscores the country’s economic vitality. These developments are imperative as they reinforce Chile’s role as a pivotal player in the global copper market.
Original Source: www.mining.com
