MINING IN CHILE
Chile's mining roots date back to the country's origins, and to the present day the mining industry continues to generate identity, growth and development through the extraction of various minerals, including copper (which leads metallic mineral production) as well as lithium, silver, gold, molybdenum, iodine, saltpeter and natural nitrates along with other non-metallic minerals. Mining production has been carried out by both state and private enterprises, with the majority of the latter made up of foreign investments. Both sectors have made important contributions to the Chilean economy, and represent a key source of highly skilled jobs incorporating technical knowledge and expertise from all over the world. The Region of Antofagasta, home to Exponor 2019, is the capital of Chile's mining industry, accounting for 54% of copper production in Chile and 16% of world production. These figures position Chile as the world's largest producer of copper. Mining is a cyclical activity that keeps pace with international economic indicators, as mineral prices rise and fall. Chile's exports have maintained a steady, linear trend in spite of fluctuations in the price of copper, pointing to a model of exploration and exploitation with the capacity to remain sustainable for years to come. For more information, see: Cochilco, Consejo Minero, Sonami, Sofofa, LME.