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.
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
The Chilean government has set a goal to launch tenders for 13 concession contracts that have a collective value of US$3.9bn for 2023. Concessions will include mobility projects such as cable cars and light rails, alongside highways and airports. Check out our highlights.
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.
For professional service firms, as of January 1, 2023, all services rendered will be subject to VAT. Previously, companies such as engineering, consulting, architects, legal, and accounting, did not charge VAT when invoicing clients. This now changes. Check out practical details inside.
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.
Chilean companies are required to have an employee handbook (Reglamento Interno) that covers health, safety, and internal policies. Within the employee handbook, there are certain areas that need to be covered. We provide a practical overview.
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