Message from Ambassadors

Mining in Chile
The World’s Number One Producer of Copper
Patricio Torres
Ambassador of Chile to Japan
Chile is by definition a mining country and thebenefits obtained from this activity are crucial toour development. This is why our country has encouraged foreign investment and provided a solid
legal system and stable rules for the mining industry to prosper.
Mining today is a complex activity where you
must deal not only with the technical aspects themselves but also with very important related issues
like environmental concerns and maintain cooperative relations with the local communities.
Japanese companies have played a key role in thedevelopment of our mining sector and investmentsfrom Japan have multiplied very rapidly during thelast years. No wonder that Japan has been themain foreign investor in Chile for two straightyears: 2011 and 2012.
What makes Chile attractive to foreign capital is
not only the business opportunity by itself but thepolitical and economic stability of the country, its
macroeconomic management, its independent judiciary and the quality of its work force. These arecrucial elements considered by Japanese companies when they decided to make Chile a preferred

パトリシオ・トーレス駐日チリ大使（左）とヘルマン・ベック商務参事官（右）82013.3

recipient of their investments.
Moreover, there are social and cultural traits inChile which appeal to the Japanese business executives. We honor our word, cultivate business relations with a long term view and agreements arereached in a fair, transparent and open fashion, freeof any corruption.
The mining industry faces many challenges today,among them the provision of energy and water for
its operation and companies today are securing
them with state of the art technology which includes the use of sea water resources and the increasing attention being paid to renewable sourcesof energy, such as solar and wind power.
Among the many Japanese companies that have interests in Chile, JX Nippon Mining, which is featured in this journal, has been particularly active inrecognizing the potential of the mineral deposits ofour country as well as the positive business environment that Chile offers to the domestic and foreign investor. We very much welcome its
contribution to our development and look forward
to the increase and diversification of its activities
in Chile.

Codelco Norte（Photo：ProChile）

Rajo Salvador（Photo：ProChile）

Planta Metalurgia（Photo：ProChile）

Herman BeckDirector, PROCHILE Japan
Minister Counselor for Commercial Affairs, Embassy of Chile
Chile only has 0.6 % of the world’s surface, 0.25%
of the world’s population, and 0.3% of global income. Therefore, Chile is a small country in theworld. Nevertheless, in mining terms, Chile is aglobal power. Chile is the world’s number one producer of copper, as well as natural nitrates, iodine,rhenium and lithium and is a top 5 producer ofmolybdenum and silver.
Chile also accounts for 27.9% of world copper reserves according to 2013 data of the U.S.
Geological Survey (USGS). In 2012 the USGS increased its estimate of Chile’s reserves from 150
million to 190 million tonnes.
Chile was also ranked 5th in the latest Current
Mineral Potential Index published by the Fraser
Institute of Canada. This index reflects whether amining jurisdiction or country’s mineral potential,
under current institutional and policy environment,
encourages or discourages mining exploration.

『チリ貿易振興局It is therefore a logical consequence that companies continue to be attracted to invest in the mining
sector in Chile, and according to the Chilean
Copper Commission there is at present a portfolioof mining investment projects worth over US$104billion.
The mining sector in Chile also spends US$21 billion on services and supplies, with a large part ofthis spending resulting from construction related toexpansion of existing projects. This means that inaddition to the opportunities in mineral extraction
itself, Chile also provides excellent investment opportunities for suppliers to the mining industry,and many mining suppliers already have their
headquarters in the Santiago Region. Further opportunities exist for companies active in processing, as well as for those providing financing to thesector or those seeking to use Chile as a regionalbase to serve the region of South America.

JOI 特別会員
プロチレ日本オフィス（PROCHILE Japan）』のご紹介

ProChile（プロチレ：チリ貿易振興局）はチリ外務省管轄ッフもおりますので、日本語での対応も可能です。チリへののチリ産製品やサービスの輸出を促進する機関です。また、投資をご検討の際には、プロチレ日本オフィスへご照会くだ

海外直接投資と観光の誘致にもかかわっています。オフィスさい。

は海外に50カ所以上、チリ国内には15カ所にあります。すべてのオフィスには専門のスタッフが常駐し、チリの輸出業者への情報提供やサポート業務を行い、国際マーケットにおけるチリの魅力を積極的にアピールしています。日本人スタ

プロチレ日本オフィス〒105-0014 東京都港区芝3-1-14 日本生命赤羽橋ビル7 F
TEL：03-3769-0551 FAX：03-3769-4156

2013.39