Grids & Energy
Dependency· Grids & Energy · Link

Escondida, copper

Atacama, Chile24.27°S 69.07°W
computed criticality14/100
reading
Chile ≈23% of mined copper production
2024
Market priceCopper · $/lb
6.22$/lb
4% over 30dthis week 0%

Indicative delayed market price: a tension gauge, distinct from the physical flow. A rise signals the input tightening.

Fault line

The world's largest copper mine, in the most arid desert on the planet. The mine is in Latin America, but ≈45% of the world's refined copper passes through China. Mining and refining decoupled.

Actors
BHP / Escondida
refining: China ≈45%
Depends on 1
Copper, Codelco / Chuquicamata (Chile)Grids & Energy · Critical anchor
Feeds 2
CATL, NingdeGrids & EnergyCopper refining, GuixiGrids & Energy
Sources