Possible scenario
Extended El Teniente Closure
25% Chance
A more serious outcome is that Chilean regulators require a longer closure of the affected El Teniente sections while engineers investigate geotechnical risks. This would matter for copper because El Teniente is one of Codelco's flagship mines and the incident follows other Chilean mining disruptions.
Initial impacts
- Copper Up
Secondary impacts
- Non-Energy Materials +0.8%
Tickers
- SCCO+2.1%
- FCX+1.9%
Portfolio impact
S&P 500+0.5%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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