Copper nationalization

Copper nationalization refers to a government taking control of privately owned copper resources and industries, often to ensure the profits benefit the entire nation rather than private companies. This process can occur through legislation or expropriation, aiming to prioritize domestic development, control prices, and use revenues for public welfare. While it can boost national sovereignty over strategic resources, it may also impact investments and international relations, depending on how it’s implemented and the context surrounding the nationalization.