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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOn January 6, China announced that it had found a deposit containing nearly 20 million tons of copper in the Tibet region in the west of the country.
This discovery concerns Chile, the world's largest copper producer, whose red metal represents more than half of exports.Le ministère chinois des Ressources naturelles et le Bureau géologique national a annoncé qu' un gisement de près de 20 millions de tonnes de cuivre a été découvert on the Tibetan plateau, in western China.
It may well be the largest copper mine in the world. A real opportunity for China, which is already the world's largest exporter of rare earths. According to many experts, the mine could in fact make it possible to extract 150 million tons of red metal in four major areas identified on the Tibetan plateau located at an altitude of more than 4,000 meters: Yulong, Duolong, Julong-Jiama and Xiongcun-Zhuno. Manuel Viera, president of the Mining Chamber, said that “these are exactly Chile's copper reserves, so it's not good news, our country should be concerned about it.” Chile produces 23% of copper worldwide, followed by the Democratic Republic of Congo at 12%, according to Emilio Castillo, Professor specializing in mining at the University of Chile.
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