Chile is the world’s largest copper producer and exporter, accounting for approximately 20% of annual production. Industrial-scale copper production began in the early 1900’s and Chile has since built up an established industrial and commercial infrastructure as it became the world’s leading producer of copper.
This significant infrastructure includes a copper mining cluster of technical and professional services which Marimaca Copper will be able to benefit from as it advances engineering studies at the Marimaca Copper Project. With the Project’s location in the coastal belt at low elevation, and close to Antofagasta and Mejillones, its future development will benefit from nearby existing infrastructure, including a skilled workforce, mining technical and administrative support services, as well as the close proximity of road and rail networks, powerlines, ports, sulphuric acid plant, and water supplies.
Ranked 9th in the 2019 global Overall Investment Attractiveness Index by the Fraser Institute, Chile is considered one of the world’s low-risk mining jurisdictions with a clear legal framework, a supportive government and administration, as well as an abundance of available skills and labor.
A geographically varied country, Chile is rich in mineral deposits, natural forests, sea resources and energy sources. With a population of approximately 18 million, the country is considered South America’s most economically stable and prosperous nation.