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.
Chile released its national green hydrogen strategy in 2020 which set out a road map for the country to become a major exporter. The country has the largest project pipeline in the Americas but there is still plenty of challenges that remain on the road ahead. Check out our overview of where things currently stand with the Chilean hydrogen industry.
Chile has been very successful over the years with its public-private concessions system but many tenders were delayed with a change in government in 2022. The Chilean government just released its 2024 schedule which consists of 13 concessions involving investments of US$3.4bn that includes highways, airports, and light rail.
Mining suppliers may use a local subcontractor for a variety of reasons when working on Chilean projects. The issue is that foreign companies can find themselves in trouble if they do not understand how the subcontracting laws work from both a legal and practical perspective.
The Chilean mining sector is considered as a model to the rest of Latin America. Since the pandemic, the USD$60B plus project pipeline has not advanced as fast as many would have hoped. With the recent uncertainty mostly over, there have been more announcements on new projects or investments. Check out our round-up of the latest news to see the most important updates from the last couple of months.
Chilean Congress approved a bill earlier this year to expand criminal liability for economic and environmental crimes which will have implications for foreign companies operating in Chile. The new legislation means that for the first-time, corporate executives and directors can be personally liable for a wide range of misconduct.
Codelco’s title as the world’s largest copper producer is now in jeopardy with production dropping to the lowest level in 25 years. Codelco has several structural projects underway that are meant to boost copper production for the next 50 years but it has been plagued by delays. Check out our overview to understand the current state of Codelco.
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