Chile’s Copper Exports Up 91%

Chile’s earnings from its copper exports rose 91% in September, year on year, to $3.2 billion, and were up just over 8% on a monthly basis, according to the country’s Central Bank. Chile, which is the world’s largest copper producer, exported $24.5 billion worth of the mineral in the first nine months of the year, up 88% compared with the same period last year. The value of Chile’s copper exports continues to soar with international prices still at record highs. Despite production stoppages this year at both state-owned and private mines, copper output has been at near maximum capacity.