The nationalization of all large copper mines in Chile is completed.

Chilean nationalization of copper

State acquisition process (1950s-1971)

The nationalization of the Chilean copper industry, commonly described as the Chilenization of copper 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 large…

Copper mining in Chile

Chile is the world's largest producer of copper and has been so uninterruptedly since 1983. This activity provides a substantial part of the Chilean state's revenue: slightly less than 6% in 2020, with state-owned copper company Codelco alone generating 2.6% of state revenue.

July 11

Day of the year

July 11 is the 192nd day of the year in the Gregorian calendar; 173 days remain until the end of the year.