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09 April 2013

CHILE / USA / COMMODITIES: Soaring Production Costs Dim Chile's Copper Gleam.


    Copper/Cu has become the defacto symbol for Chile.
    The metal...so lusted after by China and other nations...has pushed Santiago into prosperity and growth.
    But...Chile's high grade ore is being played-out.
    And...its production costs are soaring...from low productivity...lack of water...and expensive power.
    Suddenly...the USA is copper competitive.
http://online.wsj.com/article/SB10001424127887324050304578410552224565638.html?mod=googlenews_wsj
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