According to Chile’s National Institute of Statistics (INE), the country’s Industrial Production Index (IPI) expanded 1.8% in May 2022 due to the increase in the manufacturing (3.5%) and electricity, gas and water (2.9%) sectors, while mining sector fell (-0.3%). INE said that decline in Chile's mining sector (IPMin index) was due to the lower activity registered in the country’s metallic mining subsector, which dropped by 2.4% due to the decrease in extraction and processing of copper. According to the report, Chile, the world’s largest producer of copper, mined 480,275 tonnes of copper in May 2022, which is 1.4% ... (full story)