Colombia always had the potential to become a major mining jurisdiction but the mining sector is now completely frozen. There is a high level of uncertainty due to the governments push to reform the mining code, create a state mining company, and new a environmental decree.
After a long sales cycle, the immediate focus for many mining technology and service providers is simply securing or being awarded the work but intellectual property is business-critical and should be treated as such. Mining Suppliers need to ensure they have well drafted clauses that protect their intellectual property while also often giving them the ability to use the data collected to improve their solutions.
We provide a summary of BHP’s Operational Decarbonisation Investor Briefing which outlines the company’s plans to reach net-zero emissions throughout its global operations by 2050. The plan provides some unique insights into the technology and path it will take to decarbonize its operations.
Working with local partners can be a cost-effective way of entering a new market but it also carries risk for foreign companies. Companies end up wasting time and energy on partners where the sales either do not come or are they are extremely underwhelming. Check out our tips to help you get the most out of your distribution relationship.
Mining technology companies looking at Latin America need to decide on the best way to service the region. One of the first decisions that companies need to make once they confirm a market has potential is whether they will work through partners or sell direct to the mines.
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.
Industrial technology companies rely on international markets since they often need to follow their clients to where the projects exist in the world. Working in foreign jurisdictions brings some unique challenges and risks. Permanent Establishment is one of them.