Chile Mission 2014

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UKTI – CEA Chile High Value Opportunity Mining Supply Chain Trade Mission

9-14 November 2014 – Extension to Peru

The Chilean mining sector will invest US%115 billion over the next seven years – be part of it by participating in this unique and exciting mission. Present your products, skills and services to senior representatives from global mining companies operating in Chile. Including BHP, AngloAmerican, Glencore, Rio Tinto, plus mining EPCs, associations and end users.

Commissioned by the British Embassy in Santiago and the UKTI Mining HVO team and delivered by the CEA, this two centre trade mission (Santiago and Copiapó in the Atacama mining region) programme includes:

  • A UKTI GREAT branded UK group stand at the Atexpo mining exhibition( in Copiapó. Missioners can use the group stand as a base, display brochures and a PowerPoint presentation.
  • A Visit to the Candelaria mine.Candelaria consists of an open-pit copper mine and a 6,000 metric ton-per-day (mtd) underground copper mine, mined by sublevel stoping. Primary sulfide mineralization consists of chalcopyrite.  Candelaria operates a 75,000 mtd concentrator and a mill. It is a leader in water conservation, recovery and recycling. Ownership: 80% FCX; 20% affiliates of Sumitomo Corporation.
  • An individual stand at the major UKTI GREAT event– the highlight of British Month in Chile. Held at the British Ambassador’s Residence and attended by over 400 key mining and construction decision makers, including Anglo American, BHP Billiton, Glencore, Rio Tinto plus mining EPCs, major infrastructure contractors and equipment and services end users.
  • Company visits and UKTI briefingin Santiago.
  • An opportunity for an extension to Perufor meetings organised by the British Embassy – 15-18 November.

The mission is aimed at UK companies active in the sectors of mining and mine infrastructure construction. It will be of particular interest to companies who are able to fulfil the Chilean mine operators need for innovative products and services to increase productivity, reduce operating costs, tackle growing environmental concerns and extend mine life.

The mission will also be of interest to companies in the education and training, power generation and environmental sectors with a mining focus.

The mission is open to UK manufacturers and their Chilean representatives, service and skills providers, professional bodies, education and training providers. 

Why Chile?


  • The UK’s brand and reputation is very strong in Chile, across all sectors. Where possible there is a preference for British expertise – mining is no exception.
  • The world’s leading London-listed mining companies all have significant operations in Chile (BHP, AngloAmerican, Glencore, Rio Tinto, etc.). UK mining equipment is well viewed in Chile and numerous UK service providers and consultants are established in Chile.
  • Mining is a key sector for the Chilean economy, especially copper. Chile is the world’s largest copper producer (supplying 32% of the world’s market).
  • Copper provides 59% of Chile’s goods export earnings and 13% of GDP.
  • State owned Codelco is the largest copper company in the world.
  • Mining directly or indirectly employs 12% of Chile’s workforce.  14% of Chile’s tax revenue comes from mining.

High Value Opportunities in Chile

  1. Planned US$115 billion of investment in Chile’s mining sector in the next seven years. Source: Cochilco, Chile’s state copper commission.
  2. Codelco, Chile’s state copper company, alone has planned investment plans of US$27 billion in 8 projects.
  3. A further 17 private sector projects in Chile are worth at least US$ 1 billion (with some reaching 6.5-7 billion of planned investment.
  4. Of these 25 projects, 17 are still at a feasibility or pre-feasibility stage or on-hold due to market conditions.
  5. Just a large desalination plant, such as the one BHP Billiton is developing at Coloso port at Minera Escondida can be worth up to US$3.4 billion.
  6. Almost US$ 1 billion a year is spent on exploration for new projects in Chile.

There are numerous supply chain opportunities for UK companies across the project lifecycle including:

  • Exploration / Resource Evaluation:project management, geological consultancy, mining engineering, environmental consultancy, community and stakeholder engagement, risk management, model hydrology
  • Engineering / Development:basic and detailed engineering
  • Construction:construction and equipment companies, water supply processes, pumping
  • Operation:blasting, drilling, haulage, grade control and surveys, mineral extraction, waste management, site, equipment and operator safety
  • Mineral handling and processing:beneficiation, primary crushing, conveyors, stackers, mills etc
  • Production Maximisation:improving productivity, reducing extraction time, extending mine life
  • Transportation: transportation and shipping of ore
  • Power generation:temporary and permanent power supply for often remote mines at altitude
  • Environmental: Chile is increasing concerned with remediating the environmental impact of mining
  • Closure: site remediation, remediation of old mines

Please complete the application form and return to Gill as soon as possible.

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