Chile: Chile Mining Industry

The mining providers play an extremely important role in the mining industry in Chile. The operation of various sites of the country would not be possible without the attendance of over 4000 suppliers that feed the supply chain industry to capture more than $ 10 billion annual operating expenditures in the sector.

To be part of Chile's mining production chain involves deciding to be part of a set of business opportunities:

Together with Peru, Chile represents one of the largest mining districts in the world by capturing more than 50% of copper mining investment.
Chile is in a strategic position to exploit opportunities offered by the huge investment in Latin America that sums more than US $ 150 billion.
To leverage the export drive of auxiliary mining industry that is expected to reach USD $ 1,500 million annually. Today it reaches USD $ 300 million.

Investment Opportunities

The objective of the International Investment Program for Mining Suppliers is the promotion and attraction of foreign investors that, by the use of state-of-the-art technology, have an interest in settling in our country in order to manufacture, to make, to assemble and to provide services at a national and international level using Chile as an investment platform.

There are about 4000 mining supplying companies in Chile

Total Exports in 2009: US$ 676,777,638, where 11 companies out of 542 represent the 60% of the exports value, equivalent to US$ 403,235,002. (Source: Chilean Customs Service).

In 2009, the national market of goods and services related to the mining industry was of US$ 13,000 million (Source: Mining Council, 2010), being capable of reaching US$ 35,300 if the potential demands of Peru, Argentina and Brazil are considered (Source: CESCO, 2009).

The Chilean mining industry represented:

• 18.8% of the GDP between 2005 and 2009
• 61.2% of the country's total exports between 2005 and 2009

(Source: SONAMI, 2010)
Mining Exports Projections:

• US$45,000 million in exports in 2011
• 5% growth in the production of copper compared to 2010
• Estimated production of 5,700,000 tons of copper

(Source: SONAMI, 2010)
Mining Exports Structure:

• 87% Copper
• 4% Molybdenum
• 9% Other

(Source: SONAMI, 2010)
Presence in Chile of the head offices of world copper of Anglo American, Freeport, BHP Billiton (Base Metals) y Xstrata, as well as CODELCO and AMSA.

Mining production projections for 2017 in Chile

Expansions and New Mining Projects Announced in Chile
Expansions and New Projects Over US$ 1,500 million on Investment