The war between China and the United States was in 2018 The most damaging asset was copper, which had a significant drop in its value.
Metals had the highest price for 2018 in June, when the pound was quoted at $ 29 with $ 29 for $ 2 and $ 69, closed Monday in London Metal Exchange. Thus, 17% decrease.
However, the Chilean Copper Commission (Cochilco) assured Next year, the copper pound will surpass $ 3, because demand grows and it will be a metal deficit. It can be traded at 3 dollars, an average of 5 cents in 2019.
However, the academy of Economics and University Science Manuel Rivera questioned this projection and certifies that the confrontation rate between the United States and China will determine the variation in the price of metal.
"I appreciate optimism, but the price of copper depends on China's economic activity"he argued.
On the other hand, Baldo Prokurica's minister, Cochilco believes, stressed that the investment made by Collahuasi Minera is $ 3.2 million. the industrial recovery is taking shape.https://media.biobiochile.cl/wp-content/uploads/2018/12/prokurica.mp3
This week, Doña Inés de Collahuasi Mining Company enters the Environmental Impact Assessment System, an initiative to ensure the follow-up of more than 20 years of operations.
$ 3.200 million investment in five years, the Production Capacity and Infrastructure Development project aims to improve the concentrator plant, processing between 170 and 210 thousand tons per day.