Chile and Finland sign green mining agreement

The two countries have agreed to new a bilateral policy that supports cooperation and investment in clean energy for the mining sector.

Chile and Finland may be located on opposite sides of the globe, but when it comes to renewable energy, the two countries are becoming closer than ever.

During a recent visit to Chile, Finnish Prime Minister Jyrki Katainen met with Chilean President Sebastián Piñera to discuss innovations in sustainable mining. The talks concluded with the signing of two new bilateral agreements that support future cooperation and investment between the two nations in the field of green energy.

The Memorandum of Understanding (MOU) on Mining between Chile and Finland is an agreement that promotes research into sustainable mining products and services. This MOU aims to support developing technology related to the green energy sector.

The other bilateral agreement, The Joint Statement on Energy, aims to expand opportunities for Chileans to learn about the Finnish energy model, including information on their renewable energy sources and biomass projects.

According to Prime Minister Katainen, Chile makes an excellent green energy development partner for many reasons.

“Your public finances are in good shape, and everyone trusts in the future of the country,” said Katainen. “There are lots of interesting opportunities here to upgrade our commercial relations.”

President Piñera acknowledged that Chile had much to gain from Finland, a country considered a global leader in the green energy field.

“We are very interested in what you call green mining, which is environmentally friendly, because Chile is a mining country and in this regard, we have much to learn from you,” President Piñera said.

Chile is the world’s number one producer of copper, and the country is constantly looking for new ways to improve the industry. In 2012, the Chuquicamata copper mine – the largest open-pit copper mine in the world – began operating a solar energy project that now contributes clean energy to its mining operations.