InvestChile Blog

FDI news | Policies & Tools | Business data analysis | Investment location trends

Canadian mining firm to develop US$ 2.4 billion project in Chile

InvestChile - February,27,2023

The initiative, which is located in the Valparaíso Region, will produce 180 thousand tons of fine copper each year, with a useful life of 26 years.

Topics: Foreign Investment- Mining

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Lundin Mining will invest US$400 million in Candelaria this year

InvestChile - January,25,2023

The Canadian company, which has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and United States, will invest US$1.1 billion in 2023. 

Topics: Mining

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Chilean mining industry leads digital transformation

InvestChile - January,5,2023

The Chilean mining sector uses social networks for around 88% of its purchases and sales, according to the 2022 Digital Transformation Index (DTI). 

Topics: Mining- Technology

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Chilean lithium has the smallest carbon footprint on the planet

InvestChile - January,3,2023

The South American country is the world’s second largest lithium producer after Australia and holds approximately 45% of global reserves of this mineral, which means that new business opportunities will undoubtedly emerge over the coming years.  

Topics: Mining- Lithium

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Rare-earth project in Chile increases investment to US$130 million

InvestChile - October,26,2022

Linked to the Peruvian Hochschild group and listed on the Toronto Stock Exchange, it would be one of the few operations to extract rare-earth elements outside of China.   

Topics: Mining- Electromobility

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OHLA awarded mining contract in Chile worth US$143 million

InvestChile - April,4,2022

The agreement signed by the Spanish company includes the new expansion phase of the Minera Spence deposit, owned by BHP and located in the municipality of Sierra Gorda in Chile’s Antofagasta Region.

Topics: Mining- Infrastructure

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Sustainable mining? Chile wants to make it happen

InvestChile - March,7,2022

The country’s new 2050 National Mining Policy contains a series of proposals to harmonize mining operations with environmental concerns.

Topics: Mining

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Canadian company Lundin Mining plans US$370 MM investment in Chile

InvestChile - February,28,2022

Asked about their expansion plans, the company that operates the Candelaria mining complex stated that they are awaiting the outcome of royalty payment discussions. 

Topics: Mining- Canadian investment

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South African mining company Gold Fields seeks to expand in Chile

InvestChile - January,25,2022

The Salares Norte project is 56% complete and represents the starting point for the mining company in Chile, where it is investing US$30 million a year in new project exploration. 

Topics: Mining

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Chilean mining industry increases its seawater consumption by 30%

InvestChile - October,27,2021

The number of desalination plants is increasing, while Chilean companies and foreign investors’ consumption of seawater has been constant. Cochilco also revealed that the sector's share of GDP reached its highest point in the last seven years.  

Topics: Mining- Energy- Desalination plants

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Chile to invest US$150 billion to increase copper production by 2050

InvestChile - September,24,2021

As a first step, the world’s largest copper producer plans to reach annual production of 7 million tons by 2030 in order to reach its mid-century target of 9 million tons. Foreign investment will be key to achieving these targets. 

Topics: Mining

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Chile prepares to implement the use of green hydrogen in Mining

InvestChile - June,24,2021

The goal is to provide greater assurances to companies looking to implement this technology in projects that are already under way.

Topics: Mining- Renewables- Green Hydrogen

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Anglo American inaugurates its first Remote Operation Center in Chile

InvestChile - April,12,2021

Los Bronces is the most important mine in the copper business operated by Anglo American. The new facilities, located in the company's offices in Santiago, will become the brain of the operation, where the integration of all digitization and remote control technology projects will take place. 

Topics: Mining

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New projects take mining investment in Chile by 2029 to US$74,000 mill

InvestChile - October,1,2020

The new survey identifies a total of 49 projects for the next decade which, together with adjustments to other initiatives, point to a total investment in the sector of US$74,047 million.

Topics: Mining

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Chile seeks to fast-track mining projects worth over US$17,000 million

InvestChile - September,16,2020

The Mining Ministry has begun trial implementation of a plan to assist almost 20 initiatives from their early stages through to their start of operation.

Topics: Mining

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Geomin: a new portal with mining and geological info about Chile

InvestChile - July,14,2020

The new platform will permit informed decisions about territories and aims to boost mining exploration.

Topics: Mining

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K+S, owner of Sal Lobos, to install business center in Chile

InvestChile - May,11,2020

The project, which received support from InvestChile, will provide financial and accounting services to the holding’s companies in the United States and Canada.

Topics: Mining- Food Industry- German investment- Chemical company

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Anglo American to inject US$1,413 million into Chilean subsidiary

InvestChile - March,30,2020

The operation should be completed within a year, implying that Anglo American Copper Finance will have US$2,114 million in the country.

Topics: Mining

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Investment opportunities: Cobalt, the key mineral for electromobility

InvestChile - February,25,2020

A recent report released by Canadian mining company Capstone Mining about its Santo Domingo project in the Atacama Region sets out solid arguments for extracting cobalt from the deposit.

Topics: Mining

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Chile to lead creation of global standard for mining interoperability

InvestChile - November,25,2019

The Interop program presented a draft proposal for resolving incompatibility between mining technologies to an international organization.

Topics: Mining

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