Repositioning Latin America on the global mining cost curve : Policy pathways in a lower-grade, high-demand era

Latin America sits at a pivotal moment in global mining. Copper demand is accelerating, yet the region’s ability to deliver new supply is constrained by rising costs, declining grades, and intensifying competition for capital. In a world where lower‑grade deposits require higher investment and faster execution, Latin America’s strategic advantage will depend less on resource abundance and more on policy coherence, permitting efficiency, and cost‑curve competitiveness.