Chile, the country with the most reserves of lithium in the world and the second producer after Australia, seeks to join the boom of this mineral, essential for electric car batteries, with the first tender it awarded this Wednesday, for 160,000 tons of this raw material, and which was opposed by sectors of the Chilean […]
Tag: Chile
China BYD and local firm obtain quotas in lithium tender in Chile for US $ 121 million
Chile awarded two lithium mining quotas to the Chinese firm BYD and a local company as part of its efforts to boost the production of the ultralight metal used in electric batteries, the Mining Ministry reported. Each company was awarded a quota of 80,000 tons of marketable metallic lithium, said the ministry, which specified that […]
Chile: green light for a wealth tax in the Chamber of Deputies, the Senate is missing
The debate over the low pensions granted by the AFPs is not only a queue in Peru. This week, the Chilean Chamber of Deputies gave the green light to a bill that seeks to finance the new Universal Guaranteed Pension (PGU), proposed last December by President Sebastián Piñera, through a wealth tax, according to the […]
Chile: Chamber of Deputies approves wealth tax to finance higher pensions
Updated on 01/10/2022 06:30 pm In the midst of intense negotiations to reach an agreement, the Chamber of the Chamber of Deputies of Chile unanimously approved this Tuesday afternoon the project that eliminates tax exemptions to finance the Universal Guaranteed Pension (PGU). However, the government will continue to talk both with the teams of the […]
Chilean government acknowledges failures to better communicate the benefits of the lithium tender
The Chilean Minister of Energy and Mining, Juan Carlos Jobet, acknowledged that he could have “made more efforts” to better publicize the disputed tender for 400,000 tons of lithium that the opposition seeks to stop. “What one receives are not necessarily questions that come out of curiosity, but rather they receive attacks, and that goes […]
Boric affirms that his cabinet in Chile will be equal, intergenerational and with social diversity
Updated on 01/10/2022 01:30 pm The elected president of Chile, the leftist Gabriel Boric, affirmed that his next cabinet – which he imposed himself to appoint before January 22 – will be equal, will include people of various generations and will have social diversity. “We are looking for a representation that is equal, where the […]
Chile begins application of fourth dose against COVID-19
Chilean President Sebastián Piñera kicked off the application of the fourth dose against COVID-19 on Monday at a time when there is a constant rise in new daily infections. Piñera was present when Miguel and Teresa, two adults with immunosuppression problems, characteristic of those who undergo dialysis or have been transplanted, were inoculated with the […]
Titans bet on Latin American energy corporate debt
Bond market titans, including T. Rowe Price Group Inc. and Invesco Ltd. confident that Latin American corporate debt from the oil, gas and financial sectors will perform well this year, despite electoral risk and fiscal challenges region of. Samy Muaddi, Portfolio Manager, Debt Strategy emerging markets of T. Rowe, said that the best operation in […]
Chilean scientists seek answers to climate change in “the end of the world”
From the waters of one of the most inhospitable places on the planet, at the so-called “end of the world”, a group of Chilean scientists tracks from microscopic viruses to huge whales to collaborate with the assembly of the great puzzle of the climate change. Aboard the Chilean Navy oceanographic vessel “Cabo de Hornos”, 19 […]
COVID cases skyrocket in Chile and exceed 4,000 for the first time since June
The new cases of Covid-19 soared this Saturday in Chile and they exceeded the barrier of 4,000 infections, with 4,380 new infections detected in 24 hours, the highest figure since last June 27. In the last week, new cases nationwide increased by 78% and only 3 of the 16 regions of the country decreased new […]