Free Trial

Chile’s Attempt to Restrict Private Ownership of Key Mining Assets Fails

LATAM
  • Brazilian FGV CPI IPC-S data came in broadly inline with forecast, at 0.83% vs. Exp. 0.82%. The continued workers strike at the Brazilian central bank has prompted the bank to suspend the release of the bank’s weekly economist survey.
  • Peru’s mining minister stated that the country should declare lithium a product of national interest, meaning lithium would be regulated outside of the general mining framework.
  • Elsewhere, a proposal in Chile to restrict private ownership in the country’s lithium and copper deposits failed in a constitutional convention vote on Saturday. Some of the items that failed to gain two-thirds backing will go back and could be modified in an attempt to gain further support ahead of this week’s deadline. This marks the third failure of the package to go through the lawmaker approval process.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.