The Spanish firm reported closing on the financing for the first two phases of the Oasis de Atacama project, totaling US$345 million. According to the company, this is «the world’s largest (energy) storage project.» 

Of the total number of requests for information, 53 were for 16 salt flats or saline lakes, while another 28 were for other types of deposits. Additionally, seven requests were for salt flats or areas excluded from this process.

Chile has consolidated its position as a leader in the production of synthetic fuels, marking a milestone in the automotive industry with the use of e-fuels in the Porsche Mobil 1 Supercup.

The plant currently has 200 employees, of which 70% are women. The expansion of its facilities, which will enable the production of corn-based biscuits and tortillas for the Sanissimio brand in Talagante, will add 100 new employees.

Under the new regulation, institutions that are currently regulated in the financial system must join the Open Finance System (SFA) to provide information that users decide to share with other participating institutions, after giving their consent.

The Foreign Investment Promotion Agency was created in 2016. Since then, it has accelerated the implementation of 220 projects worth US$21 billion from 32 countries.

The European Commissioner for Energy, Kadri Simson, stated that reinforcing lithium extraction and securing the components for the production of batteries are priority objectives in Europe’s cooperation with Chile on renewable energy.

Mining Minister Aurora Williams highlighted the collaborative work between the ministries of Economy, Treasury and Foreign Affairs, and institutions such as the Chilean Economic Development Agency (CORFO) and InvestChile, “to promote the process in a transparent manner” both in Chile and abroad.

The facility, which is located in the Biobío Region and involved an investment of US$45 million, has a capacity of 37,000 pallets for frozen food and three cold chambers, and will generate around 750 jobs in the area.

The UNCTAD report highlights the momentum of the extraction of minerals for the energy transition in the region, particularly in Chile, and also emphasizes Chile’s green hydrogen and solar and wind power projects.

Chile is emerging as a leader in green hydrogen production, offering an ideal environment for foreign investment in renewable energy.

La planta es la segunda de este tipo que tiene la empresa italiana en el país e implicó una inversión de US$ 75 millones. Cuenta con 7.000 metros cuadrados y 40.000 toneladas de capacidad inicial, duplicando con creces la capacidad de procesamiento actual.

The scholarships will be awarded in partnership with Talento Digital and will provide access to a new Artificial Intelligence course and Google Career Certificates.

The plan includes 81 measures that will be implemented between now and 2030 in two stages, and will be supported by a strategic committee.

The implementation of this groundbreaking project will initially account for 25% of the total production of Cooke Chile, a Canadian-owned company.

Located in the Atacama Region, at 5,640 meters above sea level, it houses a 6.5-meter optical-infrared telescope that took 26 years to plan and construct.  

The IFI Audiovisual offers an attractive incentive for foreign productions, reimbursing up to 30% of qualified expenses incurred within the country, and 40% for those productions that are made entirely in regions outside the Metropolitan region.

The French company explains that its presence «provides geographical diversification to the Chilean lithium industry, whose current stakeholders only have links with the United States and China.»

Treasury Minister Mario Marcel assured that it is necessary to increase production so that it remains profitable and attractive to manufacture lithium batteries.

The government announced the deadlines for submitting proposals to develop one or more projects. The results of this process will be announced in July.