Now faced with the formidable challenge of supplying enough minerals for the global energy transition, the industry has to dig deep to improve its performance.
At least 176 environmental consultation processes are currently suspended, including for projects such as mining, waste treatment plants and dams, among others.
"Chile's new mining royalty law will not materially weaken the competitiveness of the country's copper mining sector, but it will increase taxes, modestly pressuring miners' cash flows," Fitch said.
