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00:02Deadly winter storms disrupting copper mines in Chile are adding to supply concerns in an
00:07already tight global market, according to CNBC. Severe winter weather killed 13 people and
00:14disrupted several major Chilean copper mines, halting some operations, forcing evacuations,
00:19and delaying a restart at Lunden's Casarones site by up to three weeks. They warn that any
00:25prolonged outages could push copper prices higher as the market also faces tariff uncertainty,
00:31tighter scrap availability in China, and strong demand tied to power grids and AI infrastructure.
00:37Chile recently lowered its copper production outlook for the year,
00:40while inventories remain below five-year averages. Analysts said further supply disruptions could
00:46support another record high for copper prices this year. For all things money, visit Benzinga.com.
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