Chile Cuts Copper Output Forecasts on Lower Grades, Maintenance Chile’s copper commission Cochilco lowered its forecasts for national production this year and next, providing further support for near-record prices amid tight global supplies. Output in the world’s largest copper-producing nation is projected to decline 2% to 5.3 million metric tons in 2026, weighed down by lower ore grades, scheduled maintenance and operational constraints. Globally, refined copper demand is expected to rise 1.5% this year and 2.3% in 2027, reaching 28.2 million and 28.8 million tons, respectively, with China remaining the main driver of consumption despite a weaker property market. (Bloomberg)

A court in Chile has allowed Amazon to build a new data center in Huechuraba near Santiago after local residents and environmental groups failed to stop the project. This forms part of Amazon’s plan to invest more than $4 billion in data centers across Chile. People were worried about high electricity and water use, plus new power lines that could affect the hills, but the project passed all environmental checks and any new power lines will be reviewed later. Amazon says the data center will use special designs to protect the environment. Chile is becoming a popular spot for big data centers because of its clean energy but buiding data centers are destroying the nature