Anglo American urges faster permits in Chile to close copper supply gap
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Anglo American's Chile CEO, Patricio Hidalgo, emphasized the need for faster permitting processes in Chile to address an anticipated copper supply gap. President Gabriel Boric has promised to reduce permitting timelines, but reforms are still under discussion. Hidalgo highlighted the expected demand for copper by 2040, equating it to the output of 80 Los Bronces mines. He also mentioned potential partnerships, like the recent agreement with Codelco to share infrastructure, which could boost production by 120,000 metric tons annually.
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