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Litio. Foto: Reuters.
Bolivia bets on EDL technology for lithium production

The country formed five agreements with Russian and Chinese companies for the production of white gold in the salt flats using the aforementioned technology.

Foto vía comunicado.
Cochilco raised copper price projection to US$ 4.3 per pound by 2024

The executive vice president of the Chilean Copper Commission, Joaquín Morales, pointed out that the better prospects for the price are mainly due to estimates of lower supply of the metal in the market.

crédito foto web de Enauta
Brazil's 3R Petroleum and Enauta merge

According to the agreement, which now requires the green light from the shareholders of both companies, 3R will incorporate Enauta's shares. Thus, 3R shareholders would own 53% of the combined company, while Enauta shareholders would own 47%.

Foto de EY.
Peru's uphill fight for renewable energy

Gas subsidies and current regulations that do not recognize the particularities of small renewable firms in solar and wind sectors, thus obstructing their growth. A law seeks to change that, but it is stalled due to disparity in criteria between the renewable energy union and the advocates of traditional energies.

Fuente: Reuters
China gives the green light to two Uruguayan meat processing plants to export beef and horse meat

The Lacalle Pou government reported that, after efforts initiated during the Uruguayan president's visit to China, exports from two meat processing plants to that destination were enabled.

Fuente: Reuters
Mexican government lowers regulatory burden to boost Pemex oil production

Francisco Castellanos Paéz from the Technical Extraction Unit of the National Hydrocarbons Commission of Mexico (CNH) explained that this will serve to standardize assignments and their monitoring and evaluation, without the state company going through many authorizations for its activities.

IA. Foto: Andina.
Colombian Magneto Global secured US$ 7 million for the expansion of AI in Latin America

The company works on human resources issues and among the investment funds that contributed are Alive Ventures, Impact Ventures PSM and Latin Leap.

Brasileña Marfrig. Foto: Reuters.
Brazilian meat company Marfrig obtained profits of US$ 12 million until March

Compared to the first quarter of the previous year, Marfrig has managed to reduce its net debt by 10%, bringing this figure to US$ 7,050 million.

BBVA. Foto: Europa Press.
Banco Sabadell points out that the merger with BBVA would affect capital beyond 30 basis points

It was one of the conclusions that the Sabadell board used to reject the merger with BBVA, before the announcement of the hostile takeover.

Henkel. Foto: Reuters.
Henkel recorded sales of US$ 5,749 million in the first quarter

In its Adhesive Technologies business unit it grew 1.3%, while in Consumer Brands it grew 5.2%.

Litio. Foto: Reuters.
21 firms advance in the race for lithium development in Bolivia

In 10 days, companies must deliver their financial statements.

    Fuente: Puerto Coronel
    Chile: Camanchaca fishing company accumulates losses of half a million dollars due to port conflict in the Biobío

    The Camanchaca company, which operates in the suspended Puerto Coronel, indicates that the illegal blockade of the port, along with damaging the productive export and economic ecosystem, also damages the international image of the Bío Bío logistics system.

    Fuente: Apumayo
    Possible drop in international metal prices would affect income in Peru

    According to Apumayo, although the prices of gold, silver, copper and zinc increased at the beginning of 2024, the situation would normalize in the coming months.

    Crédito foto Corfo
    Albemarle will pay US$15 million to the Chilean government to end lithium dispute

    With this, the American mining company will have the option to increase its production quota to the extent that it implements new production technologies, and only after consultation with the indigenous communities of the Salar de Atacama and the necessary environmental and sectoral permits.

     

    Fuente: Reuters
    Hotel chains Wyndham and Decameron sign strategic alliance to expand presence in the Caribbean

    The deal adds more than 2,600 rooms to Wyndham's portfolio, which now spans more than 50 resorts worldwide.

    Fuente: El Economista
    Canada disburses first loan of US$ 81 million to Ecuador to support the energy crisis

    The total amount of the credit, for a term of 10 years, at a preferential interest rate, is US$ 120 million and was agreed upon last March.

    Fuente: InvestChile
    New InvestChile forum captures historic amount of US$ 9,000 million in investment projects

    This meeting, to be organized in Santiago from May 15 to 17, is the largest of its kind held in Chile. The companies will participate with more than 60 projects associated with the creation of 3,000 permanent jobs.

    Carne. Foto: Reuters.
    Brazilian meat company JBS earned US$332.3 million until March

    JBS CEO Gilberto Tomazoni has noted that the "solid" first quarter results reinforce the idea that the company is on the path to recovery.

    Arcos Dorados. Foto: Reuters.
    Arcos Dorados reduced its first quarter profit by 23.8%, to US$ 28.5 million

    Billing from South America contracted 7.7% year-on-year.

    USA. Foto: Reuters.
    Increase in tariffs on Chinese products opens opportunities for exports from Mexico to the US.

    Among the measures announced by the White House, tariff rates on syringes and needles will increase from 0% to 50% this year.