Athens-listed Mytilineos announced two new projects in Chile and the UK. The company has landed the Pampa Tigre project near Antofagasta in Chile, for the creation of a photovoltaic park for the Mainstream Renewable Power company, to be completed next September. This is Mytilineos’ fifth solar project in Chile, evidence that it commands a strong position in the tough market of Latin America.
In line with Microsoft’s recent announcements in Chile, the President of Microsoft (Brad Smith) met with an ESO delegation, headed by its Director General (Xavier Barcons), to sign a new step of their agreement that addresses to optimize and enhance the science made from ESO Paranal Observatory telescopes through Artificial Intelligence (AI). This work will be carried out by the observatory’s local engineering team, in collaboration with universities and companies in Chile to enhance the use of AI at a local level. Microsoft will donate resources from its Cloud & AI platform for the equivalent of $3 million.
Hot Chili has put in place an agreement to ramp up the processing of copper ores from its Productora deposit at the nearby Vallenar mill. The agreement will see the company lift production from its underground mining operations at the high-grade deposit to 180,000 tonnes per annum, a 50% increase on the current mining rate. This increase will will bring the Vallenar mill to its full operating capacity which is likely to reduce operating costs for ENAMI whilst providing an enhanced income stream for Hot Chili.
Chilean and Chinese officials inaugurated the Confucius Institute at southern Chile's La Frontera University (UFRO), the third one of its kind in the South American country. Established in conjunction with the Communication University of China (CUC), the institute aims to bring communities in this part of Chile closer to China's culture and language, and strengthen the bonds between the two nations.
Microsoft has announced “Transforma Chile #ReactivacionDigital,” the company’s most significant investment in its 28-year history in the country. Delivered from datacenters in Chile, the Microsoft Cloud will increase remote work communications and learning through services like Microsoft Teams, improve reliability & scale of services from Chilean businesses, as well as empower individuals in the public and private sectors to innovate with the latest developer tools.
TransferMate, one of the world's leading cross-border B2B technology payments providers, has announced its first two payments licences in South America with approvals in Brazil and Chile. In Chile, TransferMate is a registered Payment Intermediary with Unidad de Análisis Financiero (UAF). TransferMate customers will be able to seamlessly pay into and receive money out of Brazil and Chile same day/next day with full tracking and zero wire fees.
Germany’s economy ministry made a $9.9 million contribution to Siemens Energy’s planned hydrogen plant in Chile. The project entails building and operating a wind power plant, Haru Oni, in southern Chile. Power from the plant will be used to produce green hydrogen via electrolysis, which will in turn be used to generate synthetic methanol/gasoline, a low-carbon alternative fuel for transport. The plant will produce 130,000 litres in a 2022 pilot phase, rising to 55 million litres by 2024 and 550 million by 2026.
Chile and the European Union could seal a deal on a modernised free-trade accord by April, according to Chile's trade minister, giving Chile greater access to the world’s biggest trading bloc. The EU and Chile signed a deal on political and economic cooperation in 2002, but decided it needed updating to take into account issues including climate change, education policy and trade. A broader deal with the EU could drive economic development in Chile by attracting investments.
This year marks the 50th anniversary of the establishment of diplomatic relations between China and Chile. To celebrate this important milestone, Chile not only brought online an official Chilean food flagship store on T-mall to offer more convenience to Chinese consumers, but also opened an offline Chilean National Pavilion at the Greenland G- Hub. A short Chilean video was displayed for two weeks throughout all public transportation in Shanghai.
UK Research and Innovation (UKRI) is investing $26.5 million for research into understanding the impacts of plastic pollution in developing countries. is supporting five projects that include partnerships with researchers across 11 countries: China, Chile, Egypt, Ecuador, India, Indonesia, Peru, Malawi, Sri Lanka, Tanzania and Vietnam. The research projects will draw upon: arts & humanities, economic & social, engineering, physical, environmental and life sciences, to find ways to mitigate the impacts of plastic pollution.