Meeting with the Minister of Mines of Chile

Santiago, July 23, 2024 - during his working visit to Chile, Bolat Nussupov, Kazakhstan's Ambassador to Chile (with residence in Brasilia), held a meeting with the Minister of Mines, Aurora Elvira Williams Baussa.

On the agenda were issues of establishing cooperation in the mining sector, in the field of geological exploration and technology transfer. The parties stated that given the development of this sector of the economy in both countries, there is a high potential for closer bilateral cooperation in this area

Ambassador of Kazakhstan familiarized the Minister with the current economic and industrial development of Kazakhstan, favorable investment climate in the country, including in the mining sector. In this context, the Kazakh diplomat reported on the successful cooperation of Kazakhstan with the company “ME Elecmetal” and invited other Chilean firms to actively enter the Kazakh market, confidently expand cooperation and establish joint ventures, taking into account the advantages of investment legislation of our country.

The Ambassador informed the interlocutor about the results of the third inter-ministerial consultations in Santiago on August 23, 2023, where one of the points of agreement was the creation of a Joint Working Group for cooperation in the mining industry. In this regard, the Chilean side was invited to sign the relevant inter-ministerial memorandum. In addition, the Ambassador informed the Minister about the negotiations with Chilean state mining companies “Codelco” and “Enami” on the establishment of the Kazakh-Chilean Business Council and asked for the support of the Chilean side in this matter.

General Director of RSE “National Center for Technological Forecasting” A. Ydyryshev took part in the negotiations and presented the project on cooperation in the field of lithium mining and processing. The Chilean side presented the portfolio of its companies active in the mining sector and showed practical interest in bilateral cooperation. Following the meeting, the parties agreed to maintain a continuous working dialogue.