The world is more connected than ever, and mining technology and service companies are no exception. As they expand their reach globally, they need to follow their clients to new markets, from a copper mine high in the Andes to the icey cold winters of Northern Canada. When exploring new markets, it’s the classic “chicken or egg” dilemma: You want to see success before committing to the expenses of a local operation, but as soon as you start generating revenue, the risk of being classified as a PE increases.
Chile has faced a decade-long drought that has impacted local communities and whole industries alike. We interviewed Dr. Giancarlo Barassi, an expert in desalination and water reuse, who provided us insight into solutions and technologies that could help the country overcome the challenge.
Glencore’s, Enrique Caballero, recently presented at Exponor discussing the company’s technology strategy. We provide an overview and some of our own comments. This can be particularly useful for service and technology providers who are trying to understand where their solutions can potentially add value.
Once the Colombian entity is incorporated, the next step is to open the bank account. This is often the most frustrating part for foreign companies given how easy it can be to open a new bank account in other parts of the world. We have provided a fact sheet to help companies understand the most important questions that arise during the bank opening process.
Alto Ley recently released a report called “Technological Strategy for Lithium in Chile”. In the second part of our summary, we are going to focus on the specific technologies that will be needed to ensure the future growth of supply from Chile is both efficient and sustainable.
Alto Ley recently released a report called “Technological Strategy for Lithium in Chile”. The document outlines the main gaps, challenges, and opportunities that the industry faces in matters such as productivity, new technologies, process improvements and sustainability. Check out the first part of our summary.
Working in foreign jurisdictions brings some unique challenges and risks. It is important for companies when they start looking at a new market or win a contract to have a clear understanding of how to deal with the obligations and liabilities that arise when working in a country where they do not have a legal entity.