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Base Metals Mining in Chile to 2020 - a Focus on the Copper Industry, New Report Launched

Market Research Reports, Inc. has announced the addition of “Base Metals Mining in Chile to 2020 - a Focus on the Copper Industry” research report to their website http://www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 11/04/2014 -- Chile’s copper mine production in 2013 was 5.8 million tonnes (Mt), with the majority originating from the Antofagasta region. Copper mine production is projected to increase over the forecast period, with commencements of new projects and expansions at existing mines. The country’s copper mining industry is mostly export-oriented and domestic consumption is very low.

Base Metals Mining in Chile to 2020 – a Focus on the Copper Industry comprehensively covers the country’s historical and forecast data on base metals (copper) mine production, consumption and trade to 2020 and reserves by geographical region. The report also includes drivers and restraints affecting the industry, profiles of major base metals mining companies, information on the major active, exploration and development projects and regulations governing the industry.

Scope:

The report contains an overview of Chile's copper mining industry together with the key growth factors and restraints affecting the industry. It also provides information about reserves, production, consumption, prices, trade, the competitive landscape and major active, exploration and development projects.

Reasons to Buy:

Gain an understanding of the Chilean copper mining industry, the relevant drivers and restraining factors, reserves, historic and forecast production, consumption, prices, trade and, the competitive landscape and its fiscal regime.

Key Highlights:

- The mining industry is the mainstay of the Chilean economy, with copper being the most important commodity. Significant investments worth US$112.5 billion, of which copper mining accounts for 30 projects valued at US$86.7 billion, are expected to drive the copper mining industry over the forecast period (2013–2021).

- However, falling ore grades, increasing depth of mines, scarcity of skilled mining labor and severe power shortages are major challenges faced by the copper mining industry in Chile.

- New copper projects and capacity additions at operating mines will help Chilean copper mine production to grow over the forecast period. Codelco and other operators aim to commence a number of copper projects. The Sierra Gorda project of KGHM Polska Miedz SA, Sumitomo Metal Mining Co. Ltd and Sumitomo Corporation, with production capacity of 220,000t, and Pan Pacific Copper Co. Ltd’s Caserones project began operations in 2014.

- The mining industry is Chile’s largest consumer of electricity, and consumption increased during the last decade; and with upcoming projects, the government predicts severe power shortages by 2017. Energy costs in Chile are high and around 33.3% of demand comes from mining.

Spanning over 36 pages, “Base Metals Mining in Chile to 2020 - a Focus on the Copper Industry” report covering the Executive Summary, Base MetalS Mining in Chile, Base Metals Mining in Chile – Drivers and Restraints, Copper Mining In Chile – Reserves, Production, Consumption and Trade, Competitive Landscape, Fiscal Regime, Appendix. Thr report covered companies - Corporacion Nacional del Cobre de Chile, Minera Escondida Limitada

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