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Under President José Antonio Kast, Chile's mining sector is set for regulatory changes, as he merged the Mining and Economy ministries, appointing Daniel Mas as head. Mining contributes 11-12% of GDP, with expectations of $105 billion in investment by 2034.

However, permitting complexities and declining copper grades pose challenges. Production fell 2% in 2025. Analysts project modest output increases unless new ventures proceed. Chile is diversifying its mineral production, focusing on lithium and critical minerals, amid geopolitical influences affecting supply chains and market dynamics.