Study Quantifies Climate Impact on Chile's Copper Production by 2030
A study from the University of Chile estimates that extreme weather could reduce national copper production by up to 10% by 2030, resulting in economic losses of over $9.7 billion. The research focuses on the effects of extreme precipitation and drought on mining operations, analyzing 53 historical climate events. Projected production losses range from 91,000 to 705,000 tons annually, with recommendations for anticipatory adaptation strategies in the sector.
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A study from the University of Chile predicts that extreme weather events could disrupt up to 10% of the national copper production by 2030, leading to economic losses exceeding $9.7 billion. The research, published in the International Journal of Mining, Reclamation and Environment, analyzed 53 climate events affecting mining from 2001 to 2022.
It found that extreme precipitation could cause production losses of 91,000 to 334,000 tons annually, while drought could lead to losses of 172,000 to 705,000 tons. The study emphasizes the need for mines to adopt anticipatory strategies tailored to geographic conditions to mitigate risks associated with climate change.
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