Enel Green Power Chile (EGP) and Chilean power utility AME are planning to build the first green hydrogen production facility in Chile. The companies said in a statement the pilot project would be the country’s first venture into hydrogen and one of the largest of its kind in Latin America. Fuel will be produced through an electrolyzer powered by wind energy in Cabo Negro, in the Magallanes Region. The project is set to start production in 2022.
Copper rose by 0.2% at $6,538 a tonne on the London Metal Exchange (LME). This result comes after concerns over a possible strike in Chile. Prices remained vulnerable to higher inventories and signs of weak demand.
Latin America's e-commerce giant, MercadoLibre, inaugurated its first distribution centre in Chile,which contemplates an investment of $100 million in two years and projects that it will generate 5,000 jobs.
Jorge Valenzuela Trebilcock, the president of the Federation of Fruit Producers of Chile, announced that the U.S. had approved implementing the Systems Approach in the production of blueberries from Ñuble and Biobio - just in time for the upcoming season in Chile.
Asia is a growing market for Chile’s fresh produce with China being the most important buyer, accounting for 8.8% of the total export value to Asia; followed by Japan, accounting for 8.3% of the total export volume, up 1.735% from last year.