Colombia always had the potential to become a major mining jurisdiction but the mining sector is now completely frozen. There is a high level of uncertainty due to the governments push to reform the mining code, create a state mining company, and new a environmental decree.
Suppliers looking to grow internationally need to be in Latin America considering the outlook for the industry. We have compiled a list of already operating projects to help suppliers understand the existing opportunities which should help as they build their sales pipeline.
Teck Resources’ flagship Quebrada Blanca Phase 2 (QB2) project in northern Chile is now more than 50% complete, and first production is on track for the second half of 2022
5G will open up new opportunities in a variety of industries. We interview Carlos Sánchez, Technical Manager at Nokia, an expert in Technology and Telecommunications, who tells us in detail the benefits that 5G will bring to Chile.
Water issues in Latin America are very important, particularly in Chile, given the reduced rain fall which has limited fresh water for agriculture and personal use over the past 10 years. Companies such as Utilis are providing technologies that are helping water utilities to save water and increase efficiencies of their distribution systems
The Ministry of Mining and Energy reported that a total of 100 mining projects had their environmental permits approved during the first quarter of 2021. Future global growth in the mining industry will mainly be from copper and lithium. Chile has a fantastic copper project pipeline and abundant lithium.
Chile uses electronic invoicing but many companies do not know that they only have 8 days to reject an invoice. If an invoice is not rejected then it can be used as evidence that a service was provided even when it was not.
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