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Chile's mining sector expands 2.5% in April as copper production up - report
According to Chile's National Institute of Statistics (INE), the country's industrial production index (IPI) contracted by 2.0% in April 2023 y-o-y due to a decline in Chile's manufacturing sector, while mining and electricity, gas and water sectors were up. INE said that the domestic mining sector (IPMin index) increased by 2.5% in April 2023 y-o-y, primarily as a result the higher activity registered in the country's metallic mining subsector, which was up 2.7% y-o-y due to the increase in the extraction and processing of copper. According to the report, Chile, the world's largest producer of copper, mined 417,279 ... (full story)