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.
Foreign companies will often use joint ventures to enter a new market or to assist on a specific project. We provide a high level practical overview of how they can be structured in Chile.
This week we interview Felipe Román Briones, Union President in Compañía Minera Doña Inés de Collahuasi, about his view on technology and how employees are being incorporated into the new change.
Many companies will choose to sell their product through a distributor when looking at international markets. To avoid problems, you should follow some of our practical tips that we have learned from helping our clients over the years.
METS companies are investing large amounts of capital into new technologies so protecting these investments is critical. Intellectual property often takes a back seat to the commercial terms even though it should be an essential part of the contract review process.
Víctor Barrientos, a Mechanical Civil Engineer from the University of Chile, who has worked as a Maintenance Manager with CAP Mining, Anglo American, and SQM, tells us about his experience in the Chilean mining industry.
Companies entering Latin America often bring valuable intellectual property (IP) with them and they need to understand how to protect it. This intellectual property is often the reason they are successful in their home country and it also the reason they look are able to grow into new markets.
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