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Chile's Codelco Chairman says 2026 copper production will reach 1.34mln tonnes (prev. 1.33mln tonnes in 2025)

Newsquawk Staff ·

Chile's Codelco Chairman says 2026 copper production will reach 1.34mln tonnes (prev. 1.33mln tonnes in 2025)

What it means

Codelco's revised copper production forecast for 2026 indicates a slight increase, which may signal sustained demand or operational stability in Chile's mining sector. This incremental change, while small, could influence pricing dynamics as market participants gauge the implications for global copper supply. Traders should consider the backdrop of current demand trends and how they might affect copper-related assets.

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