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 2050 Mining Policy is an important vision that will lead the Chilean mining industry into the future. For mining suppliers, it offers some insight into the opportunities that exist in the Chilean mining industry where their products or services can be utilized to help the industry achieve its goals.
The 2050 National Mining Policy outlines how the country could harmonize the development of the mining industry with the environment, achieve carbon neutrality, and grow the circular economy model. For mining suppliers, it provides critical insight into where the industry is going and what future solutions will be needed.
Santiago metro has grown considerably over the years with another significant expansion just starting construction last week. We have provided an overview of the system and the new expansions that will take place between now and 2030 giving the network a total of 180km in track.
Peru is already a great market for mining suppliers but the pipeline of future projects makes it even more interesting. Peru has grown its copper production considerably over the last 10 years. The Peruvian Energy and Mines Ministry released their updated forecasts on the project pipeline. Check out our summary.
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.