Aid Package

The mining commission of the Chamber of Deputies of Chile approved the idea of legislating on the Kast government’s first mining bill, whose objective is to reduce bureaucracy and the costs associated with mining licenses. The focus is on reactivating small and medium-sized mining. More

The new regime would stimulate investment in copper processing, lithium batteries, and advanced manufacturing, with higher tax incentives compared to the RIGI and a focus on industrial value chains. However, it contains a geopolitical aspect that would aim to reduce China’s dominance in the global minerals market. More