GREY:NEVDQ - Post by User
Post by
bogfiton Apr 01, 2022 2:50pm
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Post# 34568221
Chile's mining sector contracts in February
Chile's mining sector contracts in February Chile's mining sector contracts in February as local copper production falls 6%
" According to Chile’s National Institute of Statistics (INE), the country’s Industrial Production Index (IPI)
contracted 3.0% in February 2022 due to the decline in two of the three sectors that make it up.
INE said that the Mining Production Index (IPMin) was the one that most influenced the negative result,
falling 5.7% and contributing a -2.3 percentage points in the variation of the IPI.
This decrease was explained by a lower activity registered in the domestic metallic mining sector, which
dropped by 6.9% due to the decline in the extraction and processing of copper."
https://www.kitco.com/news/2022-04-01/Chile-s-mining-sector-contracts-in-February-as-local-copper-production-falls-6.html
Not clear if decline in the extraction and processing of copper was solely due to community protests.
b.