The last twelve months have demonstrated the resilience of Chile’s mining industry as it has aimed to consolidate and expand its global leadership amid unprecedented copper demand and record prices for the metal. After years of regulatory and constitutional challenges, the dust has finally settled, allowing both international and domestic companies to focus on their various projects throughout the world's southernmost country. With more than US$83 billion in investments projected to flow into Chile’s mines before 2033 from companies like Codelco and BHP, the future certainly appears bright for the industry, which accounts for nearly 14% of the country’s GDP. 

Accompanying these investments is a robust and experienced value chain. Focused on safety, the environment, and technological advancement, Chilean companies aim to create a more sustainable future for mining and are setting global and regional benchmarks in how to responsibly and efficiently improve the industry. As South American mining sectors experience a rise in government support, Chile is presented with an unprecedented opportunity to export its experience and enhance the production of the rest of the continent. 

With the upcoming elections in November, a cautious optimism fills the air as Chile’s largest industry seeks to capitalize on the global demand for its reserves of vital minerals and metals.