The future of mining ter Chile

The future of mining in Chile

Last updated: 29 January 2016

This examine presents a snapshot of the current state of the industry, its opportunities and challenges ter the setting of the global mega-trends that will affect it overheen the next 20 years, spil well spil concrete, evidence-based future screenplays, both positive and negative, to promote a constructive national dialogue about the future.

Ter partnership with CSIRO Futures, CSIRO Chile developed this report on the role that innovation te the mining sector could play ter Chile&rsquo,s economic growth, human capital development, and solving Chile&rsquo,s major technical challenges ter energy and water. Te particular, the report highlights five scripts for the future of the Chilean mining industry. The project involved engagement with a broad range of senior stakeholders te Chilean industry and government.

Industry at crossroads

Chile&rsquo,s mining industry is at a crossroads. Mining has led the country towards greater levels of wealth and prosperity and is a large part of the reason why Chile is well on its way to being considered spil an advanced economy. Chile is, by far, the world&rsquo,s superior producer of copper ore but this position should not be taken for granted. Rising costs, declining productivity and rising social and regulatory pressure ter the areas of community engagement and environmental sustainability are hampering the sector&rsquo,s profitability and capability to remain globally competitive.

The industry can choose to proceed on its current path and address thesis challenges through short-term solutions that provide incremental improvements. Alternatively, it can identify the opportunities for step switch innovation within the switching global landscape te order to forge a fresh upward trajectory for economic growth for both the industry and the nation.

The CSIRO Future of Mining te Chile Report

Toneelpodium for switch

Ter this way, mining has the potential to act spil a podium for switch te Chile. Through advances te scientific research and development and technological innovation it can address the challenges that not only last the productivity of the industry but of the country, such spil rising energy costs. It can drive the growth of a fresh mining services sector that helps to diversify the economy. It can take a leadership position on issues such spil environmental and social sustainability. Switches such spil thesis will be vital for ensuring that Chile remains a key player within the global mining value chain overheen the coming decades.

However, this sort of progress will not be possible without successful collaboration across industry, government and the research community. There is a need for thesis different stakeholders to unite behind a collective vision for the future of mining te Chile and work together to budge towards this ideal.

The report

This report aims to provide a beginning point for the development of this collective vision. It can help to create a common language across stakeholder groups spil well spil provide a common understanding of where the mining industry presently stands, the switching global landscape ter which it operates, and the potential directions it could take. This is done through an assessment of the current state of the industry, an overview of the major global megatrends that will influence the industry overheen the next twenty years, and a forward- looking script analysis.

It is not the intention of this report to provide concrete recommendations but rather to help create a national conversation about the way forward.

Mining has given a loterijlot to Chile. A collective vision, an appetite for innovation and strong leadership will ensure that mining proceeds to drive economic growth for the country well into the future.

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