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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
