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Chile

Global Companies Join Chile’s Lithium Innovation Initiative

In an impressive show of international interest, companies from 12 distinct nations have rallied to a call from the Chilean National Mining Company (Enami). Their...

Copper Output Dips at Chile’s Codelco After Accident

Codelco, a state-owned leader in global copper supply from Chile, faces a dip in production this month due to a fatal accident at the Radomiro Tomic mine. This mine has seen the most substantial drop...

América Móvil Seizes Growth Opportunity in Chile Amid Industry Shake-Up

América Móvil, a dominant force in Latin American telecommunications, is strategically positioning itself to capitalize on the turmoil surrounding its Chilean competitor, WOM. Daniel Hajj,...

Chile’s New Global Lithium Initiative

The Chilean government launched an initiative today, encouraging both domestic and international investors to...

Chile’s Emerging Role as a Service-oriented Economy

In the first quarter of 2024, Chile's service exports surged to a record $674 million, a notable 42.7% increase...

Chile Advances in Pacific Alliance Modernization

Chile advanced international cooperation with the Chamber of Deputies committee approving a Pacific Alliance modernization proposal. This alliance, which includes Mexico, Peru, and Colombia alongside...

Chile’s Steel Industry Dilemma Amid Chinese Imports

In an urgent move, Chilean officials are working to save the country's sole steel mill from closing due to...

Chile Central Bank Trims Interest Rate to 6.5%

Yesterday, the Central Bank of Chile made a unanimous move to trim the Monetary Policy Rate (MPR) from 7.25%...

Chile’s Economy Marks Strongest Growth in Two Years

Chile's economy is showcasing signs of robust growth, with a notable 4.5% increase in...

Chile’s Unemployment Rate at 8.5% in Early 2024

From December 2023 to February 2024, Chile's unemployment rate increased to 8.5%, a slight increase...

Hedge Funds’ Optimism on Copper Signals Growth for Chile, Peru, and Mexico

Hedge funds are increasingly positive about copper, vital for the economies of Chile, Peru, and Mexico. Delphos Investment's report reveals...