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Chile's constitutional assembly rejects major mining overhaul

Section: Daily Dispatches

From Reuters
Saturday, May 14, 2022

SANTIAGO, Chile -- A constitutional assembly in the top-copper producing nation today rejected a major overhaul to mining rights, including expanding Chilean state ownership.

Controversial Article 27, which would have given the state exclusive mining rights over lithium, rare metals, and hydrocarbons and a majority stake in copper mines, faced fierce opposition from the mining sector and was voted down last week.

... Dispatch continues below ...


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The environmental commission submitted multiple variations of the article to a vote today, but they all failed to achieve the 103-vote supermajority needed to pass into the draft constitution. ...

... For the remainder of the report:

https://www.reuters.com/world/americas/chiles-constitutional-assembly-rejects-major-mining-overhaul-2022-05-14/

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