Chile's new mining policy initiave targets water as well as taxes

By IM Staff
Published: Thursday, 02 September 2021

Chile’s Ministry of Energy & Mining has unveiled a national mining policy that will run until 2050, the Política Nacional Minera 2050, which sets out a series of initiatives intended to decrease the amount of water used by the country’s mining industry, as well as to increase transparency across the sector.

The policy blueprints were published on Tuesday August 31.

The government initiative, which will not be binding on future administrations, asks that mining company’s water usage derived from rivers, lakes and underground basins be cut to 10% of total usage by 2030 and to 5% by 2050.

Mining is...

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