Sneak Preview: Mergers & Acquisitions in Mining Tech with Ivan Gustavino
In this sneak preview, Ax Legal’s Managing Partner Cody McFarlane speaks with Ivan Gustavino, Managing Director at Atrico, who has advised over 100 high-growth companies in mining, industrial tech, and software. With M&A activity heating up, Ivan breaks down what investors and buyers really look for in mining technology companies today.
McKinsey recently released a report that concluded Chile could be the first country (of the 45 analyzed) to be carbon neutral by 2040 with a positive economic impact. The only country that can do so in Latin America. We have provide a summary of the findings and a high level overview of where Chile currently stands.
Lithium Americas announced this week that they have started production at its Cauchari-Olaroz Project located in northwest Argentina’s Jujuy province. The USD$979m lithium project is expected to produce 40,000t of battery-grade lithium carbonate over an estimated operational life of 40 years.
Chile has been able to take transform its energy matrix in a very short period of time. The growth of renewables has also uncovered weak points that need to be addressed if the sector will continue to grow. Battery storage is an important first step to solving the high levels of dumping, congestion and zero marginal costs for Chilean producers.
Brazil has unique importation requirements that are used to protect local industry and encourage domestic manufacturing. From licenses to taxes, importations can be difficult to navigate for foreign companies.
Last month, the Chilean government announced their long-awaited National Lithium Strategy. We have provided a recent “snapshot” of the Chilean Lithium Industry so that everyone can understand where it currently stands and where it goes from here.
Brazil is a great market with many interesting opportunities for foreign companies. It is relatively easy to incorporate a company, but local knowledge and know-how is required for foreign companies to navigate the business and legal aspects properly. Check out our practical guide.
Santiago
Sydney
Lima