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.
The year has just started and there is already some important news coming out of Chile. Our mining news flash is meant to provide quick insights into some of the most interesting topics of the week.
Chile has faced a severe and long drought. Although the mining industry only uses 9% of the countries water, most operations are located in Northern Chile where water is the scarcest. Mining companies are going to extreme lengths to ensure they have water for thier operations.
In 2020, Chile released its green hydrogen strategy which set out to make the country the top destination for hydrogen investment in Latin America. We provide an overview of the project pipeline and how it is moving forward.
Can a small country with a population of 19 million located at the most southern tip of the world produce the cheapest green hydrogen on the planet and be among the top three exporters of the fuel two decades from now. Check out part one of our series outlining the steps that Chile is taking in order to compete on a global level.
Chile is rapidly moving to autonomous trucks in its mining operations. We speak with Alexis Méndez, a Chilean Mining Engineer, who has spent his career helping mining operations to evaluate, implement, and operate autonomous technology.
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