4. Chilean Copper and U.S. Companies

2020 ◽  
pp. 97-117
Keyword(s):  
2020 ◽  
pp. 97-117
Author(s):  
Sebastián Hurtado-Torres

This chapter focuses on the role of copper policies in the relations between the United States and Chile during the Frei administration, especially as they relate to the developmental efforts of the Christian Democratic project. During the Frei administration, the political debate on copper policies reached a climax. Since U.S. capitals were among the most significant actors in the story, the discussions around the issue of copper converged with the ideological visions of the United States and the Cold War held by the different Chilean political parties. As the Frei administration tried to introduce the most comprehensive and consistent reform around the structure of the property of the Gran Minería del Cobre, the forces in competition in the arena of Chilean politics stood by their ideological convictions, regarding both copper and the United States, in their opposition or grudging support for the policies proposed by the Christian Democratic government. Moreover, the U.S. government became deeply involved in the matter of copper in Chile, first by pressuring the Chilean government into rolling back a price increase in 1965 and then, mostly through the personal efforts of Ambassador Edward Korry, by mediating in the negotiation between the Frei administration and Anaconda on the nationalization of the U.S. company's largest mine, Chuquicamata, in 1969.


2019 ◽  
Vol 10 (2) ◽  
pp. 227-240
Author(s):  
Ivan Derpich ◽  
◽  
Nicole Munoz ◽  
Andrea Espinoza ◽  
◽  
...  

1992 ◽  
Vol 24 (3) ◽  
pp. 507-550 ◽  
Author(s):  
Luis Valenzuela

This article looks at the beginnings and early development of the modern copper smelting industry in Chile. It analyses the factors which led to its occurrence, contrasting it with other countries where no smelting industry developed. It argues that the development of the Chilean smelting industry stimulated copper mining and reinforced the expansion of coal mining. Furthermore, it permitted the retention in the country of a larger part of the rent generated by copper mining than would have been the case had all the copper ore been exported, and was therefore an important factor in the development of the Chilean economy as a whole.Until 1879 tne Chilean copper industry was the most dynamic sector of the economy of the Republic. During the period 1844—79 it generated exports of 341 million pesos (around £64 million), or 42.3 % of the total value of the exports of the country, and contributed 29 million pesos, or almost 10% of the ordinary fiscal income, through the export duty levied.1 Most of this copper left Chile in the shape of ingots of over 99% fine (that is pure) copper, bar copper of c. 96 % fine or regulus, a semi-processed form of copper of around 50% fine; only 12.1 % left in the shape of copper ores of different types.2 The smelting and, to an even greater extent, the refining of the copper ore in Chile permitted the miners to develop a wider variety of potential markets. It also facilitated the Luis Valenzuela is a Lecturer at the Centre for Development Studies, University College of Swansea.


2020 ◽  
Author(s):  
Norman Toro ◽  
Luís Ayala ◽  
Kevin Pérez ◽  
Jonathan Castillo ◽  
Alessandro Navarra

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