Megareform, Taxes and Certainties: Mining Giants Focus on Investments to Respond to Copper Demand
2 Articles
2 Articles
The president of Escondida, Alejandro Tapia, conditioned the investments to respond to the demand for copper, to the existence of legal and tax certainties. On the same day, Antofagasta plc said that the government’s mega-reform “also includes the possibility of opting for tax stability agreements under certain investment conditions, which would benefit mining projects.”
The reactivation of the bilateral treaty would allow to add 540,000 tons of copper annually to the global market and to derail border projects in the Andes Cordillera. The reactivation of the Treaty of Integration and Mining Complementation between Chile and Argentina would allow the realization of investments for more than USD 20.7 billion and the incorporation of more than 540,000 tons of copper annually into the world supply, according to Chi…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
