Chile’s Copper Bet For 2026: High Prices, Flat Output, And A $26.8 Billion Repair Cycle

Key Points Chile’s miners expect 2026 copper output to stay roughly flat at 5.5–5.7 million tons, even in an “optimistic” scenario. The industry sees prices averaging about $4.50 per pound, but warns that ore grades, productivity, and permitting still bite. A $26.8 billion 2025–2029 project pipeline is heavy on replacement and modernization, not a pure […]