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.
Peru continues to position itself as one of the most important mining jurisdictions globally, particularly in copper. A clear example of this is the progress of the Trapiche project, a large-scale copper development that has recently cleared a key regulatory milestone and forms part of the country’s next wave of copper supply.
Peru offers significant opportunities for companies operating in the mining sector and related industries. However, the country also has a labour framework that includes several statutory employee benefits, including mandatory profit sharing—an obligation that is not commonly found in jurisdictions such as Australia, Canada, or the United States.
Peru’s mining sector is entering a new investment cycle, and Southern Copper is positioning itself at the centre of it. With up to US$10.3 billion planned across major projects and infrastructure upgrades, the company is shaping one of the most significant copper development programs the country has seen in decades.
Peru is quickly positioning itself as a priority market for mining technology and service companies. As operational mines ramp up investment and a USD$60 billion pipeline takes shape, opportunities for foreign suppliers are expanding rapidly. Having a local presence will be important for mining technology and service companies who want to capture the opportunties.
When foreign companies enter the Latin American market, partnering with a local distributor is often a practical and efficient entry strategy. However, this strategy also introduces a layer of complexity—especially when it comes to protecting intellectual property. One of the most effective ways to safeguard your IP in these relationships is through a well-structured distribution agreement.
The Peru 2025 Mining Investment Project Portfolio is more than just a snapshot of future mining activity — it is a strategic roadmap for suppliers that reveals where opportunities will emerge across the country’s US$64.1 billion mining pipeline, reflecting a 17.4% increase (US$9.5 billion) compared to 2024.