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.
Chile is one of the most attractive markets in Latin America for mining and industrial technology companies. It is also a market where small operational mistakes can create real delays. On paper, entry is simple. In practice, what matters is how you set up and run the business from day one. Here is what actually makes a difference.
Cochilco publishes a detailed assessment each year of how Chile’s mining energy matrix is evolving, and the 2024 edition is one of the most revealing to date. The data shows an industry working harder than ever, digging deeper pits, processing harder ore, and relying increasingly on seawater.
Chile’s rapid shift toward renewables requires a smarter, more flexible electricity system. That’s where Demand-Side Flexibility comes in. Instead of only adding more batteries or power lines, what if we could adjust when and how we use electricity?
Water is a vital input for Chile’s mining industry, essential to every stage of copper production—from ore processing to dust control. As water scarcity deepens across northern Chile, the country’s copper mining sector is undergoing a structural transformation in how it sources and uses water.
The Vicuña District, straddling the high Andes between Chile and Argentina, is shaping up to be one of the most significant new mining hubs in the Americas. For mining suppliers, it offers a multi-decade pipeline of work across some of the most advanced and exciting copper-gold projects currently in development.
Over the past few years, Latin America has quietly become a hot spot for technology suppliers looking to grow. As industries across the region modernize, there’s a real appetite for solutions that boost efficiency, improve safety, and support sustainability goals.