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Chile must pass permitting reforms to unblock investment, says BHP

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Chile’s government needs to quickly approve a proposal to streamline permitting for the mining industry to unlock and promote investment in the world’s top copper-producing country, a top BHP official said on Tuesday

“This not only applies to new projects, but also to permits needed to optimize current operations,” he added. The reforms still must be approved by Congress, where the government has faced strong opposition. The government was able to pass a mining tax reform last year, but a major industry request during the debate was to streamline permitting and reduce start-up times for multi-million dollar copper projects, which is Chile’s largest export.

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