annb0t
Top 20
By Fabian Cambero
SANTIAGO, July 13 (Reuters) - Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing in production of the metal needed for the renewable energy revolution, with steps such as cuts in energy costs, speeded-up permit approvals and other incentives.
Beginning in 2024, mining royalties will rise to a range of 8% to 26% of operating margin from the current range of 5% to 14%. There will also be a 1% ad valorem tax base...
>>> Read more: FOCUS-Chile miners, facing higher taxes, seek faster permits, lower energy costs
SANTIAGO, July 13 (Reuters) - Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing in production of the metal needed for the renewable energy revolution, with steps such as cuts in energy costs, speeded-up permit approvals and other incentives.
Beginning in 2024, mining royalties will rise to a range of 8% to 26% of operating margin from the current range of 5% to 14%. There will also be a 1% ad valorem tax base...
>>> Read more: FOCUS-Chile miners, facing higher taxes, seek faster permits, lower energy costs
