Chile bill targets mining boost, cuts taxes, speeds permits
Geopolitics · Mining.com ·
Chile has introduced sweeping legislation to revive growth and unlock mining investment through tax cuts, labour incentives and faster permitting. President Jose Antonio Kast's National Reconstruction and Economic Development Bill features a phased reduction in corporate tax from 27% to 23% by 2029, with mining positioned as a central pillar of recovery as Chile is a top global producer of copper, lithium and rare earths.