A recent announcement from China has set off alarm bells in the Chilean mining industry . The Ministry of Natural Resources and the Geological Survey of China have revealed the discovery of a 20 million tonne copper deposit in the Tibetan Plateau , a region that is positioned as a potential competitor for Chile , currently the main exporter of this metal in the world.
The discovery includes four major mining bases : Yulong, Duolong, Julong-Jiama and Xiongcun-Zhuno . According to information released by the state broadcaster CCTV, it is estimated that the total reserves in this area could reach up to 150 million tons , consolidating the Qinghai-Tibet Plateau as a future global epicenter of copper resources. This metal is not only crucial for the technological industry , but is vital for the development of green technologies and the manufacturing of electric vehicles .
Engineer Tang Juxing , a member of the Chinese Academy of Engineering , stressed the importance of copper for “ green technologies .” According to him, the discovery not only strengthens the metal’s supply chain in China, but also ensures the sustainability of its mining sector .
For Chile , the context is worrying . The Chilean economy depends heavily on copper , which represents a significant source of income . In this regard, Manuel Viera , president of the Chilean Mining Chamber , stressed that the discovery not only has economic dimensions , but also represents an environmental challenge .
Viera warned that although the Qinghai-Tibet Plateau is home to essential mineral resources, their exploitation could prove devastating to the ecosystem .
Likewise, Gustavo Lagos, an academic at the Catholic University, highlighted that the profitability of the new deposit in China will depend on various factors, including the copper content , the layout of the deposit and the costs associated with its extraction .
On the other hand, David Montenegro , former deputy director of Sernageomin , sounded the alarm by pointing out that Chile is falling behind in the identification of new important deposits . According to Montenegro , this discovery in the Tibetan plateau should be interpreted as a strong signal for Chile to reinforce its mining exploration strategies and guarantee its position in the copper world.
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