AGP Executive Report
Last update: 3 hours agoCritical Minerals: EnergyX signed a binding 10-year, $2 billion lithium supply deal with Trafigura, covering 100,000 tonnes from projects in Chile and the U.S. Motjuan and Chile’s LATAM Investment Group began a strategic alliance with a 3,000-tonne copper concentrate pilot. Cobre outlined a staged Sierra Atacama expansion, targeting 18,000 tonnes of copper cathode a year initially, then 25,000, with 50,000 under longer-term review. Power & Transport: ENGIE commissioned an 802MWh battery system at a Chilean coal complex, while Grenergy secured financing for a 1.8GWh solar-and-storage portfolio. Walmart Chile and Copec also opened the country’s first heavy-duty hydrogen refueling station. Mining Risks: Codelco partially suspended operations at El Teniente after a fatal landslide. Outlook & Agriculture: The IMF cut its 2026 Latin American growth forecast to 2.3% and sharply lowered Chile’s outlook; rains have also split early cherries in the central growing zone, threatening crop size.
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