ICYMI – Chile's nationwide energy outage – has impacted copper operations

A significant energy outage plunged Santiago and far of Chile into darkness, disrupting every day life and transportation.

• Key copper mines, together with Escondida, Codelco operations, Antofagasta, and Anglo American, have been affected, inflicting issues in international steel markets.
• Inside Minister Carolina Toha cited a failure within the northern energy transmission line, ruling out a cyber assault.
• The federal government declared a state of emergency and imposed a curfew from 10 p.m. to six a.m. throughout a number of areas.
• Authorities activated hydroelectric vegetation to revive electrical energy, however no clear timeline for full restoration was offered.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



Source link