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.
Peru has a large project pipeline of mining projects totaling approx. USD$58bn and should be the focus market for mining suppliers due to the fact that the local miners are open to new technologies and it is still relatively open in terms of competition compared to Chile.
Over the last 10 years, the Ax Legal team has helped many companies to enter and to operate in Peru. We have put together a comprehensive guideline of the relevant steps, timeframe and some of the important requirements needed to be completed when incorporating a company in Peru.
Chile’s energy ministry has unveiled a national green hydrogen strategy that aims to turn the country into a world-class producer and exporter by 2040.
Incorporating a local company is an important step for companies who are serious about servicing the Chilean market. The issue is that many foreign companies do not know the intricacies of the process in Chile.
Major mining companies in Chile have set carbon emissions reduction goals for the next decade to contribute to Chile’s efforts to be carbon neutral by 2050