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Chile faces Peru METS challenge

Development of the mining equipment, technology and services (METS) sector in Chile has been ongoing for decades and has evolved through distinct phases, each one upping the ante to establish the country as a regional METS sector in general, and a world class centre for specific services.

Mets Investor > Leadership

Chile faces Peru METS challenge

Development of the mining equipment, technology and services (METS) sector in Chile has been ongoing for decades and has evolved through distinct phases, each one upping the ante to establish the country as a regional METS sector in general, and a world class centre for specific services.

A December 2012 study by Innovum Fundación Chile found Chile had 5,998 mining industry suppliers, up from the 4,643 in 2010. About 34% were classified as support services, 30% equipment and supplies, 27% contractors and 9% engineering and consulting service providers. Innovum Fundación Chile also reported the number of such companies exporting grew from 27% in 2007 to 34% five years later. For its part, the Chilean Association of Consultant Engineering Companies (AIC) has 17,000 members.