The closure of the Cobre Panama mine entails the permanent loss of approximately 0.6% of GDP in fiscal revenues and 7.5% of exports of goods and services.
ComplaInt before Canadian authorities claims the miner moved forward with the Warintza project, which overlaps Shuar Arutam-titled territory, despite the community’s opposition.
SQM, which is closely watched because it’s more exposed to spot prices than peers, sees stable prices in the short term and as is more positive after that.