Knowledge Intensive Mining Services in Chile: Challenges and Opportunities for Future Development

The Chilean mining industry is currently facing a set of challenges that need to be addressed for it to remain competitive in the global economy. These are related to a more efficient use of basic resources, such as water and energy (due to increasing costs); better treatment of waste; the need to drill deeper to get to new deposits; lower ore grades; among other challenges. Given the tendency toward vertical disintegration and the high operational costs the industry is currently facing, the leading mining firms are not expected to internally provide innovative solutions addressing these challenges. This opens up new opportunities for local suppliers. The question is if local suppliers have the ability to exploit these opportunities. This study aims at understanding the factors and drivers that enable the development of local innovative suppliers to the Chilean mining industry, in particular those with the potential to positively impact performance through the provision of upgraded and/or knowledge intensive services.

Bibliographic Details

Main Author:	Inter-American Development Bank
Other Authors:	Claudio Bravo Ortega
Format:	Discussion Papers & Presentations biblioteca
Language:	English
Published:	Inter-American Development Bank
Subjects:	Innovation, Energy and Mining, O13 - Agriculture • Natural Resources • Energy • Environment • Other Primary Products O2 - Development Planning and Policy O3 - Innovation • Research and Development • Technological Change • Intellectual Property Rights Q3 - Nonrenewable Resources and Conservation, The Chilean mining industry is currently facing a set of challenges that need to be addressed for it to remain competitive in the global economy. These are related to a more efficient use of basic resources;such as water and energy (due to increasing costs); better treatment of waste; the need to drill deeper to get to new deposits; lower ore grades; among other challenges. Given the tendency toward vertical disintegration and the high operational costs the industry is currently facing;the leading mining firms are not expected to internally provide innovative solutions addressing these challenges. This opens up new opportunities for local suppliers. The question is if local suppliers have the ability to exploit these opportunities. This study aims at understanding the factors and drivers that enable the development of local innovative suppliers to the Chilean mining industry;in particular those with the potential to positively impact performance through the provision of upgraded and/or knowledge intensive services.;innovation;development;mining;Chile,
Online Access:	https://doi.org/10.18235/0000187 https://publications.iadb.org/en/knowledge-intensive-mining-services-chile-challenges-and-opportunities-future-development
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