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.
Colombia has its sights on becoming a major copper producer. The country’s goal for 2030 is to double the production of gold from mining titles, multiply copper production by six, and generate investments of more than USD$5.5 billion.
Subcontracting is used throughout the mining and industrial sectors. Chile has unique laws which have practical implications on how local companies need to manage their subcontracters. We have provided a practical guide for companies to understand how best to manage these risks.
Brazil is is one of the five largest mineral producers in the world and a huge market for mining suppliers. The countries mining sector is expected to receive $41.2 billion in investment from 2022 to 2026. Check out our overview of the project pipeline.
Chile’s strategy is to kick start a value-add industry for its lithium. The country not only wants to ship raw product but also capture the benefits of adding value to its natural resource. Check out our overview of the latest tender and some history on past attempts.
The Chilean government introduced the tax reform bill with proposed increases to the mining royalty to help fund social programs such as health care and pensions. We have provided a high-level assessment to help you understand how the increase to mining royalty will impact the industry.
Glencore’s, Enrique Caballero, recently presented at Exponor discussing the company’s technology strategy. We provide an overview and some of our own comments. This can be particularly useful for service and technology providers who are trying to understand where their solutions can potentially add value.
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