A major power outage plunged Santiago and much of Chile into darkness, disrupting daily life and transportation.
- Key copper mines, including Escondida, Codelco operations, Antofagasta, and Anglo American, were affected, causing concerns in global metal markets.
- Interior Minister Carolina Toha cited a failure in the northern power transmission line, ruling out a cyber attack.
- The government declared a state of emergency and imposed a curfew from 10 p.m. to 6 a.m. across multiple regions.
- Authorities activated hydroelectric plants to restore electricity, but no clear timeline for full restoration was provided.
This article was written by Eamonn Sheridan at www.forexlive.com.
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