National Critical Minerals Strategy
The National Critical Minerals Strategy (EMC) is presented as a public policy aligned with the international context, aimed at positioning Chile as a reliable and responsible global supplier of critical minerals and advancing an industry that is competitive, responsible, and contributes to the country’s development.
A central element of the EMC is its definition of a “critical mineral” for Chile as “one in which Chile holds, either on an established or potential basis, a significant share of global supply; and which has been classified as critical by various major economies worldwide or represents a strategic opportunity for the country’s sustainable development.”
Consistent with this definition, the EMC sets out a non-hierarchical list of critical minerals organized into three groups:
- Group A: minerals in which Chile already plays a relevant role in global supply and that are critical for other economies.
- Group B: minerals with strong potential for future development and that are critical for other economies.
- Group C: minerals that represent strategic opportunities for the country’s sustainable development, regardless of whether they have been classified as critical by third parties.
The EMC is also structured around five pillars:
- Pillar 1: Production and diversification of critical minerals.
- Pillar 2: Responsible mining of critical minerals.
- Pillar 3: Development opportunities based on critical minerals.
- Pillar 4: International engagement and critical minerals diplomacy.
- Pillar 5: Enabling capabilities for critical minerals.
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