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Chile's Mining Industry Challenges
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Overview
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Chile's mining industry faces challenges such as declining production, high costs, and complex permitting. The upcoming royalty law and modifications to the mining code are expected to impact the sector. Viera emphasizes the importance of improving the environmental review process, repealing certain mining code articles related to lithium, modernizing smelters and refineries, and involving the private sector in lithium extraction.
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How might the upcoming royalty law and modifications to the mining code affect the competitiveness of Chile's mining industry?
In what ways could the involvement of the private sector in lithium extraction benefit Chile's economy?
What are the potential environmental impacts of the proposed changes to the mining industry?
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