BHP, which operates the world’s biggest copper mine in Chile, has dangled $10 billion to develop more resources in the country if those uncertainties are finally resolved.
One of the world's largest copper mines has suffered recurrent disruptions from indigenous Peruvian communities who say its vast mineral wealth has not translated into better living conditions.
New report by Fitch Solutions forecasts over 7 million tonnes will be added to global copper production through 2031 as a raft of projects in Chile, Peru and Congo come online.
Anglo says 300,000ktpa Peru mine has entered commercial production. Chile output and costs negatively affected by Los Bronces water restrictions and changing ore.