(MENAFNEditorial)
Chile's mining sector will see modest growth of 1.2% on average per annum in 2014-2018. M ajor miners will continue to develop several large projects encouraged both by the country's stable political and business environments and significant mineral reserves. Yet elevated operational costs lagging productivity regulatory changes and subdued copper and precious metal prices will limit sector growth and miners' expansion plans .
Chile's mining sector will remain dominated by copper production for the foreseeable future. The metal currently accounts for nearly 92% of mining exports as measured in dollar terms and nearly 60% of the country's total exports. We expect the mining industry to be hit by lower copper prices which we forecast will average lower year-on-year (y-o-y) to 2018 with prices averaging USD6750/tonne in 2015. Still the pipeline of copper projects and the country's global dominance in copper production will ensure the country maintains its lead despite falling ore grades and lagging productivity.
Full Report Details at
- http://www.fastmr.com/prod/881036_chile_mining_report_q4_2014.aspx?afid=101
Large & Mid-Tier Players To Invest In Years Ahead
State-owned Codelco will remain Chile's largest copper miner as measured in output and indeed the largest copper miner globally through 2018. The company recently pushed back its forecast for 2.0mnt of copper output annually to 2025 though from its earlier target of 2020 due to disagreements with the Chilean government over annual investment levels. While the Chilean government recently agreed to provide USD4bn of financing to 2018 the firm may need to seek other funding to meet its ambitious output targets.
Other large global diversified miners including Glencore Xstrata Anglo American BHP Billiton and Rio Tinto are active in the copper space and are either developing new projects or investing heavily in current ones. The rest of Chile's mining sector is...
The Chile Mining Report has been researched at source and features Business Monitor International (BMI)'s mining and commodity forecasts for metals minerals and gems covering all major indicators including reserves production exports and values. The report also analyses trends and prospects national and multinational companies and changes in the regulatory environment.
BMI's Chile Mining Report provides industry strategists service companies company analysts and consultants government departments trade associations and regulatory bodies with BMI's independent forecasts and competitive intelligence on the mining industry in Chile.
Key Benefits
* Use BMI's independent industry forecasts on Chile to test other views - a key input for successful budgeting and planning in this mining market.
* Target business opportunities and risks in Chile's mining sector through our reviews of latest mining industry trends regulatory changes and major deals projects and investments in Chile.
* Assess the activities strategy and market position of your competitors partners and clients via our Company Profiles (inc. KPIs and latest activity) Key Projects Tables and Competitive Landscape Tables.
Coverage
BMI Industry View
Summary of BMI's key forecasts and industry analysis covering mining reserves supply demand and prices plus analysis of landmark company developments and key changes in the regulatory environment.
Business Environment Rankings
BMI's Mining Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors (mining companies and support service providers) in the regional mining market. The rankings methodology makes sophisticated use of over 40 industry economic and demographic data points and is part of BMI's integrated Country Risk-Industry rankings products.
Key Projects
Details and analysis of all current and planned developments (new ventures capacity expansion and other investments) across the sector broken down by metal/ore.
BMI Industry Forecasts
Historic data series (2009-2012) and forecasts to end-2018 for all key industry and economic indicators (see list below) supported by explicit assumptions plus analysis of key downside risks to the main forecast. Indicators include:
* Mining Industry: Industry size (US$mn) real growth (%) % of GDP employment ('000) workforce as % of total workforce average wage (US$).
* Output:Production volumes ('000 tonnes carats etc.) for all major metals minerals ores and gems mined in each state including bauxite copper gold coal lead silver tin titanium uranium zinc etc.
* Exports: Value of exports (US$mn) for all major metals minerals ores and gems mined in each state .
* Commodity Markets: Global demand supply stocks and benchmark prices (US$) for aluminium copper lead nickel tin zinc gold and steel.
BMI Macroeconomic Forecasts
BMI forecasts to end-2018 for all headline macroeconomic indicators including real GDP growth (%) inflation (%) fiscal balance (% of GDP) trade balance (US$bn) current account (US$bn) and external debt (US$bn).
Competitive Landscape Tables & Analysis
Comparative company analyses and tables detailing by US$ sales % share of total sales number of employees year established market cap/NAV ownership structure production and % market share.
Company Profiles
Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI's industry forecasts our macroeconomic views and our understanding of the wider competitive landscape. The latest financial and operating statistics and key company developments are also incorporated within the company profiles enabling a full evaluation of recent company performance and future growth prospects.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts we provide quick and easy access to the best competitive intelligence available. Our unbiased expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.