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.
Although mining companies are increasingly open to innovation these days, there are still challenges for technology and service providers to navigate these companies. Mining companies are using open innovation calls to give more visibility to the problems they are trying to solve. We have provided a list of open innovation resources for South America.
When companies initially incorporate an entity in Chile, corporate governance is not always a priority in the beginning stages of opening the business. The reality is that how we grant powers will play an important role in how efficiently the company will operate and whether the foreign shareholder is protected.
Argentina has a healthy lithium project pipeline. There are already two projects in production with plans for expansions. This year, construction has started on several more projects and there are even more projects that are being explored.
Ecuador is emerging as a mining investment hot spot in Latin America. There is already two projects in production and some world class discoveries that should be built over the next few years. Check out the project pipeline for details.
All companies and foreign shareholders operating in Chile (Latin America) require a local legal representative that is liable for the companies’ activities. The role is an important part of operating in the region and it has some very important legal and practical considerations that are important for companies to understand.
Incorporating a company in Chile is only half the challange. Once the company is legally set up, banking and accounting are important steps to ensure the company is able to operate to the highest standard.