AGP Executive Report
Last update: 38 minutes agoCopper Supply: Wage talks at Escondida, the world’s largest copper mine, triggered a strike threat and helped push prices to a three-week high. The threat was later reported as eased by a preliminary deal. A fatal landslide partially halted El Teniente, while Centinela unions resumed negotiations after a week-long stoppage. Power and Storage: ENGIE has started operating its 142 MW, 802 MWh battery at Mejillones. Grenergy also secured $457 million for Chilean solar and storage projects totaling 1.8 GWh. Critical Minerals: EnergyX signed a 10-year, $2 billion lithium supply deal with Trafigura. Aclara launched a rare-earth metals demonstration plant in Chile and completed engineering for a planned Louisiana facility that would process material from Chile and Brazil. Aquaculture: DNV bought a majority stake in Chilean inspection and engineering firm Aqualis, while AquaChile is rolling out hybrid power systems that have cut diesel use at pilot salmon-farm pontoons by 35%.
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