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.
Los Andes Copper recently released their prefeasibility study for its Vizcachitas project. It is a notable project to follow since it is one of the few greenfield projects to advance in Chile these last few years.
Although large miners may get more attention, medium size miners have an important role within the mining industry that should not be overlooked. The Chilean Copper Commission (Cochilco) recently released a report that estimates investment in medium size operations for the period 2022-2031 will total approx. US$2.6 billion.
Brazil is an important mining market that provides some attractive opportunities to mining suppliers. The country’s mining association Ibram has recently released its report projecting an increase in investment from US$40.4bn to US$50bn for the 2023-27 period.
Albemarle and SQM are the only lithium players with producing assets in Chile. The good news is that this could change with a recent announcement from CleanTech Lithium, who has recently announced positive results from its Laguna Verde Scoping Study
El Domo is expected to be the next Ecuadorian mine to be built starting in 2024. It will be Ecuador’s third major mining operation after the Mirador copper mine and Fruta del Norte gold mine.
The Chilean mining industry had an interesting year in 2022. Some of it was positive while other news has raised some concerns. Check out our highlights from the year with links to articles regarding the most important mining topics.
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