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The nationalization of the Chilean copper industry, commonly described as the Chileanization of copper (Spanish: Chilenización del cobre) [1] was the process by which the Chilean government acquired control of the major foreign-owned section of the Chilean copper mining industry. It involved the three huge mines known as 'La Gran Mineria' and ...
Chilean copper mining of high-grade oxidized copper minerals and melted with charcoal produced 80,000 to 85,000 tons of copper in the 1541–1810 period. [1] Gold, silver and copper from Chilean mining begun to be exported directly to Spain via the Straits of Magellan and Buenos Aires in the 18th century. [17]
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2008 On April 3, 2008, Chávez ordered the nationalization of the cement industry. [128] 2008 On April 9, 2008, Chávez ordered the nationalization of Venezuelan steel mill Sidor, in which Luxembourg-based Ternium currently holds a 60% stake. Sidor employees and the Government hold a 20% stake respectively. [129]
The mining sector in Chile has historically been and continues to be one of the pillars of the Chilean economy. [1] Copper exports alone stands for more than one third of government income. Most mining in Chile is concentrated to the Norte Grande region spanning most of the Atacama Desert. Mining products of Chile includes copper, gold, silver ...
Chileans have referred to such large-scale copper mining operations as La Gran Minería del Cobre (a major copper mine). Before nationalization, these operations generated a large proportion of the foreign currency which the country received. In 1945 there was a disaster at El Teniente mine, resulting in the deaths of 355 men and injury to 747 ...
Chile's state-owned copper mining giant Codelco on Wednesday shut down its Ventanas copper smelter after decades of polluting Quintero Bay with toxic gases and turning it, along with 15 other ...
At the town's peak in 1960, some 16,000 people lived here. After the government acquired a majority interest in the mine, and even more so after copper mining was nationalized in 1971, the government company moved workers into the valley. It built the Copper Highway to provide commuting access for them to the mine and related operations.