Chile Investment Review (August 2017)

Date: Sep 2017

Chile expects sharp increase in mine investment over 10 years

Mining companies are planning to invest about $65 billion in Chile over the next 10 years, almost one-third more than previously estimated, the government of the world’s top copper producer said.

Among the larger projects are the reactivation of the El Abra Mill, a joint venture of Chilean state copper company Codelco and Freeport-McMoRan, and Sierra Gorda 2030 ktpd, which is controlled by Polish miner KGHM.

Enel seeks to shake up renewables ownership in Chile

In Chile, Enel Green Power has 475 megawatts of wind power, 493 megawatts of solar and is currently building a 48-megawatt geothermal plant, the first ever in South America.

InvestChile will open an office in China next year to increase investment

“The opening of an InvestChile office in China responds to the strategic relevance of Asia, and especially China, for our country,” said director of InvestChile, Carlos Álvarez.

ECONOMY

InvestChile website receives important international recognition

This is how Santiago is advancing to become a smart city

Al Gore recognizes Chile as global example of solar energy development

Chile launches call for Business Innovation and R&D in Food

COMPANIES

BHP approves $2.46bn capital expenditure in Chile

Spanish group Neoelectra begins expansion in Latin America by setting up in Chile

Albemarle explores reserves in Chile for new growth plan

Aela reactivates search for new wind and solar investments

MARKETS

From functional foods to biofuels: the uses of algae diversify in Chile

Chile’s energy transformation is powered by wind, sun and volcanoes

Positive outlook keeps lithium price above US$10,000 for coming years

Chile attracts more international tourists and raises forecast for visitors in 2017

NEXT EVENTS

10/07/2017 ANUGA 2017: The world´s largest food fair

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