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The nationalization of the Chilean copper industry, commonly described as the Chileanization of copper (Spanish: Chilenización del cobre) [1] was the process by which the Chilean government acquired control of the major foreign-owned section of the Chilean copper mining industry. It involved the three huge mines known as 'La Gran Mineria' and ...
The town was founded in 1906 by the Braden Copper Company as a company town to support extracting copper from the El Teniente mine. [2] It was named after the company's first president, Barton Sewell. During the Great Depression, the Braden Copper Company became a subsidiary of Kennecott Copper Company. In 1917 the foundry or smelter was moved ...
In the period up to the end of World War I (1914–18) the copper was mostly extracted by labourers from Spain and shipped to the United States. Companies active in the mines were La San José Copper Mines and Ferrocarril del Cobre, The Copper Mines, Copper Company and the Cuba Leasing Company. After the war, operations were greatly reduced.
The Spanish conquistadors heard about this name from the Incas, and the few survivors of Diego de Almagro's first Spanish expedition south from Peru in 1535–36 called themselves the "men of Chilli". [26] Ultimately, Almagro is credited with the universalization of the name Chile, after naming the Mapocho valley as such. [24]
The country exported $5.97 billion worth of copper in 2021, making it one of the leading copper exporters in the world. Moreover, the country has around 36 million tonnes of copper reserves.
Rio Tinto was one of the last mining boom towns. It was named after the prosperous copper mines in Andalusia, Spain that produced ore for 3,000 years.. The discovery of copper mines near Rio Tinto is credited to Franklyn Hunt, who had explored in the west for many years. Hunt had found traces of copper a few miles from Mountain City, Nevada. [2]
Chile was, in 2019, the world's largest producer of copper, [46] iodine [47] and rhenium, [48] the second largest producer of lithium [49] and molybdenum, [50] the sixth largest producer of silver, [51] the seventh largest producer of salt, [52] the eighth largest producer of potash, [53] the thirteenth producer of sulfur [54] and the ...
The opencast was the biggest pit in the world during the 1990s, but has since been surpassed by the Escondida mine, which is now the world's largest producing mine, with 750,000 metric tons of annual productions (5.6% of the world's production in 2000). Copper has been mined for centuries at Chuquicamata, as evidenced by the 1899 discovery of ...