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.
Copper is getting more difficult to find and process at a time when the world is facing a copper crunch with demand expected to outstrip supply in the near future. New technology developments for the copper industry could help the world meet demand while lowering energy and reducing water usage. Check out our article that covers some of these technologies and how they are being deployed in Latin America.
Ax Legal invites you to our webinar to learn from industry experts about the practical aspects of finding and working with distributors in Latin America.
Argentina is blessed with natural resources, but the mining industry still remains relatively underdeveloped compared to its neighbors. This is set to change over the next few years with a renewed focus by industry players who see the potential of world class copper and lithium deposits.
Chile’s concession system has come a long way over the last 30 years. Since 1993 when the first concession was signed, over 100 contracts with a total of more than US$27 billion have been awarded. It has also attracted 16 international companies to the Chilean market over the same time period. We have provided an overview of the tender pipeline for 2023.
When sending staff to do work in Chile, our clients often ask us whether a work visa or simply a work permit is needed. There are different matters to consider when determining which one is needed. We have provided a brief overview to help companies understand the differences.
2023 could be a pivotal year for the mining sector in Ecuador with projects advancing and companies committing to construction start dates. Check out our update for the latest news on the how the country is developing its mining sector.