Chile's private mining sector will contribute a record US$8 billion in 2026, driven by a new copper royalty and high prices. Here is how the regime works.
Chile · Mining
Key Facts
—Projection. Private mining companies are forecast to pay roughly US$8.0 billion in taxes and royalties in 2026, a record level.
—Driver. The surge is fueled by high copper prices and the first full year of the new Mining Royalty Law.
—Royalty. The new law imposes a 1% ad valorem tax on copper sales and a margin-based royalty of 8–26% on operating income.
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