Research and Markets: Base Metals Mining in Chile to 2020 - A Focus on the Multi-Billion Dollar Copper Industry

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/bq8329/base_metals) has announced the addition of the "Base Metals Mining in Chile to 2020 - a Focus on the Copper Industry" report to their offering.

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.

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.

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.

Key Topics Covered:

1 Executive Summary

2 Base MetalS Mining in Chile

3 Base Metals Mining in Chile - Drivers and Restraints

4 Copper Mining In Chile - Reserves, Production, Consumption and Trade

5 Competitive Landscape

6 Fiscal Regime

7 Appendix

For more information visit http://www.researchandmarkets.com/research/bq8329/base_metals

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Mining

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Mining