Chile’s Copper Windfall Could Top US$9 Billion as the Price Passes US$14,000

Chile · Mining Key Facts The price. Three-month copper on the London Metal Exchange passed US$14,000 a tonne on 4 August and reached US$14,369.50 on Thursday, the highest since the record of US$14,527.50 set on 29 January. The trigger. Reuters obtained a Congolese order banning exports of copper and cobalt concentrates. Grasberg in Indonesia is…