Antofagasta Warns Copper Train Heists Are Surging

Mining operator Antofagasta warns that gangs raiding copper trains in Chile are breaching security measures. The surging thefts threaten worker safety and transport logistics.

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FILE PHOTO: A train loaded with sheets of copper cathode in Antofagasta, northern Chile March 31, 2008. REUTERS/Ivan Alvarado/ File Photo

Antofagasta Plc reported 34 train heists in Chile during the first four months of 2026, stealing 169 metric tons of Copper. The robberies highlight escalating security risks along remote desert rail lines. The red metal is a critical supply for electric vehicles and renewable energy markets worldwide.

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