Since the 1990s, Latin American states have sought to attract large-scale foreign investment by implementing specific policies and regulatory regimes aimed at attracting investors from abroad.

On April 20, 2023, Chile's president, Gabriel Boric announced Chile's new policy on the extraction and production of lithium, the "National Lithium Strategy" (the "Strategy") (speech available here).

Law No. 20.396, published in the Official Gazette on July 20th, 2016, has created a new electric power transmission system that regulates interconnection process of the two main power systems of the country (SING-SIC).

REN bought the share from Enel Generación Chile, part of the Italian Enel group.

As a general rule, in Chile, all mineral substances can be exploited by any person or company that requests a mining concession over the area where the minerals are located.

As the world increasingly turns its focus toward green energy, Chile's pivotal role as a global leader in lithium becomes ever more significant.

Not long ago, Chile revised the Energy Act, the largest such change to the Chilean energy sector in 35 years.

We discuss below those that are key for foreign investments and the next steps in the constitutional re-write process.

On February 5th, 2016, Law N° 20,897 was published in the Official Gazette incorporating 3 new paragraphs into article 34 bis of the Electric Power Services General Law ("LGSE").

In an interview on 27 August, 2017, the Executive Vice-President of Chile's CORFO, Eduardo Bitran, announced that CORFO and the National Service of Geology and Mining are conducting surveys in the La Cobaltera area ...

Chile's national energy commission CNE published the final bidding terms for a national electric power supply auction.

On November 11th, Statute 20.551 was published in the Chilean Official Gazette, which regulates the closure of mining facilities.

Chile not only possesses the world's largest lithium reserves but also has unique advantages that should position it as a global leader in lithium production.

Piñera got 54.6 percent of the votes to 45.4 percent for center-left Sen. Alejandro Guillier, with nearly all the ballots counted.

On May 25, 2017 Decree No. 104 issued by the Ministry of Mining, which approved the Regulations on the delivery of general information obtained from basic geological exploration works...

In a relaxed atmosphere, in the Partners' Bar at Club 50 in Las Condes, a heterogeneous group of 18 opinion leaders associated with the world of innovation and copper was summoned by Clarke, Modet & Cº...

Chile is a country with a long shoreline and a scarcity of fresh water in the regions where most of the mining activity is developed...

The Chilean government have announced the introduction of a tax reform bill that will introduce a new royalty system payable by copper miners. This bill contains a variable royalty rate...

The Chilean government wants to transform our country as the cheapest green hydrogen producer worldwide and to become a relevant player in this industry globally.

On January 27, 2018, five years after being presented before the National Congress, Law 21,064 that "Introduces modifications to the regulatory framework that rules water on inspection and sanctions matters", was enacted and published in the Official Gazette (Bulletin 8149-09) (the Law).