PUBLISHER: GlobalData | PRODUCT CODE: 2037833
PUBLISHER: GlobalData | PRODUCT CODE: 2037833
GlobalData's "Latin America Mining Review 2026" provides comprehensive coverage on the mining industry across the Latin American region. It offers analysis of macroeconomic and commodity price trends that are shaping the regional mining landscape. The report presents detailed insights into the major mining markets including Chile, Peru, Brazil, and Mexico, along with emerging markets such as Argentina, Bolivia, Colombia, and Ecuador. It includes historical and forecast data on key commodities such as silver, copper, lithium, iron ore, gold, zinc and lead. The report also features country-level analysis, production data, and market developments, helping stakeholders understand opportunities and challenges across Latin America's mining sector.
Latin America plays a crucial role in the global mining industry, serving as a major source for several minerals. The region possesses substantial mineral reserves, with Chile holding the world's largest reserves of copper and lithium; Peru holding the world largest silver reserves and third largest copper reserves, and Brazil holding the world's second largest reserves for graphite and iron ore.
Latin America is a dominant force in the production of silver, accounting for 49.9% of global output in 2025. It also holds significant positions in the production of copper (41%), Lithium (30.2%), zinc (23.6%), and Iron ore (17.1%).
Production of copper in Latin America grew by 1.7% in 2025, supported by growing demand particularly in terms of exports. The region is forecasted to account for 40.4% of global copper production in 2026. Chile stands out as the dominant producer, accounting for 58.7% of the region's total output in 2025. Meanwhile Peru contributes significantly with 29%, other key players include Mexico and Brazil, with production shares at 7.7% and 4.7% respectively.
Over the forecast period (2026-2030), the region's copper industry is expected to grow at a CAGR of 2.7% to nearly 10.8Mt in 2030, supported by increasing investments and favorable global market conditions. Key players operating in Latin America's copper sector include Codelco, BHP, Anglo American, Rio Tinto and Glencore.