1、CHILEMINING2023ESG Engineering-Consulting-InnovationCHILE MINING 2023GBR SERIESFinance-Production Exploration Regulatory Framework-Use QR code to read the digital interactive version of this report.Dear Reader,The first half of 2023 was a transformative period for the Chilean mining industry.On May
2、10th,the Chilean legislature approved the new royalty bill,defining the latest state of taxation for the mining industry.Additionally,after years of delay,the government announced the new National Lithium Strategy,clarifying the structure of the future Chilean lithium industry and opening the countr
3、y to develop new lithium projects.This sweeping regulatory and legislative reform has redefined the industry,providing the legal certainty Chile needed to take advantage of the growing demand for battery metals.Global Business Reports conducted more than 130 interviews with leaders in Chile to gain
4、a holistic understanding of the state of the Chilean mining industry and how these new policies will affect future growth.Neither the National Lithium Strategy nor the royalty bill are perfect in the eyes of industry figures,but across the board,the sentiment was that of relief and en-thusiasm that,
5、at long last,companies and investors have the clarity needed to move forward.Sustainability was the central focus across the mining industry.As new legislation globally,such as the US Investment Reduction Act,drives the electrification transition,requirements include sustainable sourcing of material
6、s.In this landscape,certification is increasingly important,and major mining companies are investing intensely in environmentally friendly practices,both in-ternally and along the complete value chain.Incorporating advanced technologies has gained momentum as a response to Chiles chal-lenges in labo