May 2019, Antofagasta - Chile
Positive outlook for suppliers:


Chile’s neighbor is currently experiencing a promising mining investment outlook, with a portfolio of US$28,266 million in copper alone, having overtaken China as the world’s second largest producer of the red metal. Exponor will be an ideal space for transferring know-how and securing new business with the Chilean mining industry. With two months to go before one of the most important mining industry exhibitions in the world, Exponor 2017 continues to attract more countries to the international pavilions. This is the case of Peru, whose industry is currently booming, making the show an important “business springboard” for specialized suppliers and the Peruvian industry. With this in mind, important actors in the sector have highlighted the importance of Exponor, which will facilitate contact between industry players, generating a wide range of opportunities. “The importance of participating in Exponor is that it will be an opportunity for Peruvian visitors to view the cutting-edge technology that is being used, and see how we have been able to work on innovation projects that allow us to produce better material, reduce costs, ensure safety for personnel, safeguard the environment, and all the other advances that have been made in Chile, as one of the main mining countries in the world”, stated Héctor Echeverría Vásquez, Director of the Economic Department of the Embassy of Chile in Perú. “This will be the seventh time that a Peruvian delegation has participated in one of Chile’s major shows, and our fourth time at Exponor since 2011. The experience of Peruvian suppliers, as well as the delays to the start of operations at mining projects in Peru, add up to a great opportunity for these companies, who are more conscious than ever of the positive image and growing interest that they have generated in the Chilean mining industry’s supply chains”, explained Joaquín Schwalb, Diversified Manufacturing Specialist for the Commission for the Promotion of Perú for Export and Tourism, PROMPERU. Meanwhile, the most important industrial association in Chile, SOFOFA, declared that “It is fundamental to continue working to tighten commercial links abroad. In this context, and taking into account the specific characteristics of the Chilean economy, it is crucial to maintain solid relationships with the greatest possible number of countries in order to promote ever-greater openness. This applies not just to commerce, but also to knowledge, experience, research and innovation”, according to Hermann von Mühlenbrock, the president of the association. Bilateral relationships and knowledge transfers It should be noted that, from 2012 to 2016, the Chilean industry has increased its level of participation in industrial exports to Peru, in the areas of services, maintenance and repairs, consulting, IT and engineering. Looking at the figures for each sector, in repairs and maintenance Chilean companies have a 42% market share, while in IT and Engineering their participation is at 18% and over 12%, respectively. In this sense, Chile has raised its profile in these sectors. In Lima and Arequipa there is a strong presence of Chilean companies in the areas mentioned above, which points to a healthy relationship between both countries. “Without a doubt, this represents a major opportunity for the Peruvian mining industry, and particularly for the Chilean industry, because based on the know-how that we have, we can complement each other in terms of services, consultancy, machinery and so on, from the initial starting point of projects up to more advanced stages”, Héctor Echevarría highlighted. For Expo Manager Andrea Moreno, this is a chance to continue to strengthen the commercial relationship between Chile and Peru, taking advantage of the strong outlook for the neighboring country’s industry. Participating Peruvian companies will be able to take advantage of the knowledge, goods and services on offer from national and international suppliers. "The Peruvian pavilion for this year’s show will cover 153 m2, and the delegation includes 15 companies working in the areas of machinery, heavy equipment, parts and engineering, among others. These companies will see clear benefits, through the exchange of experiences and technologies, establishing the kind of powerful synergies that this show seeks to promote". Exponor 2017 will be held from May 15th to 19th at the AIA Event Ground, with the United States as Guest Nation. The activity has the backing and participation of important actors in the sector, such as Antofagasta Minerals, Minera El Abra, Codelco, Minera Escondida, SQM, Yamana Gold and the Supplier Qualification System (SICEP). Its sponsors are: the Mining Council, Sonami, Sofofa, Aprimin, Corfo, the Government of Chile, the Ministry of Mining, the Ministry for the Economy, Development and Tourism, Pro Chile, Direcon and the Regional Government. Its press partners are the magazine Minería Chilena, El Nortero and Radio Bío-bío.

Published: 15.03.2017

Information: +56 55 2454335 • • General Borgoño 934, Floor 14, Antofagasta • Chile