Copper, Antofagasta Focuses on Mines: “New Smelters in Consumer Countries, Not Necessarily Producing Countries”

A contradiction is becoming increasingly pronounced in the global copper market: the capacity to smelt and refine the metal is growing, especially in Asia, while available concentrates are not increasing at the same pace. During the London Metal Exchange seminar on October 19, 2026, Antofagasta Chief Executive Officer Iván Arriagada explained why the Chilean group […]