Chile Forecasts Stable Copper Production in 2026, Says Sonami
Chile Copper Output Expected at Up to 5.7 Million Tons in 2026 as Prices Forecast at $4.50 per Pound
Chile’s copper production is projected to range between 5.5 million and 5.7 million metric tons in 2026, according to the country’s national mining association, Sonami.
The association, which represents Chile’s mining companies, also forecast an average copper price of $4.50 per pound for the year. The outlook reflects expectations of steady global demand and continued operational stability across the sector.
Chile remains the world’s largest copper producer, with the metal playing a central role in the country’s economy and export revenues. Sonami’s projections underscore the strategic importance of copper to Chile’s mining industry amid evolving global market conditions.
