Yesterday, an earthquake measuring 8.8 on the Richter scale occurred in Chile, the most important copper producer in the world. China Minmetals, who has long-term cooperation with Chile's national copper company, told Sina Finance that the earthquake has caused great damage to Chile's infrastructure, and its copper production and transportation are bound to be affected. It is estimated that there will be fluctuations in the domestic and international futures markets after the opening.

Chile National Copper Company is the largest copper company in the world at present, and controls the main copper assets in Chile, which are widely distributed from north to south. However, according to the data, the main large-scale copper mines in Chile are mainly distributed in the central and northern regions, while Concepció n province, the epicenter of this earthquake, is in the southern region, with few copper mines.

The relevant person in charge of Minmetals said that from the current situation, Minmetals has no employees in China in Chile, and related matters are still under further examination and approval.

Gu, general manager of the copper department of Minmetals Nonferrous Metals Co., Ltd., a subsidiary of Minmetals Group, revealed when contacting Carlos, chief representative of Chile National Copper Company, in Shanghai this afternoon that Carlos said that his relatives in Chile are distributed all over Chile. At present, the situation is good, but the local communication facilities are seriously damaged, so it is very difficult to maintain close contact.

Carlos revealed that it is impossible to maintain normal contact with the company at present, so there is no exact news about the impact of the company's mines. According to foreign news, Anglo American's production in two mines in Chile, LosBronces and El Soldado, has been suspended. These two mines are more than 0/00 kilometers away from Santiago, the capital of Chile, and the focal point is only about 300 kilometers away from Santiago.

Gu Liangmin said that as far as he knows, there is a large copper mine near Chile National Copper Company and Anglo American Resources Company, which may also be affected.

However, the Escondida copper mine jointly operated by BHP Billiton and Rio Tinto in northern Chile is operating normally because it is far from the earthquake source.

Gu believes that this time, due to the shallow earthquake source, the infrastructure such as communication, water supply, energy supply, roads and ports is more destructive. Even if there are few copper mines that have been destroyed and stopped production in Chile, the destruction of energy, roads and ports will affect the outward transportation of copper ore, and the impact on the raw material supply of domestic copper smelting enterprises remains to be seen.

In 2007 -2008, the Escondida copper mine stopped production due to workers' strike, which stimulated the international copper price to rise many times. Some analysts pointed out that the earthquake in Chile will further stimulate the rise of international copper prices in the short term, because the reduction of copper raw material supply will reduce the output of copper smelting enterprises, thus reducing market inventory.

June 2007165438+1October 14 The earthquake in northern Chile caused the price of copper to skyrocket. The earthquake killed two people and injured 100 people, and some copper mines near the earthquake zone stopped production. On June 5, 2004, an earthquake measuring 7.7 on the Richter scale occurred in northern Chile, which caused at least $20 million in losses to Chile's copper mining industry.

I remember that in 2007, the domestic market was high before and low after.