Andes Iron
Company type | Private |
|---|---|
| Industry | Iron & Copper |
| Genre | Mining |
| Founded | 2010 |
| Headquarters | Las Condes, Santiago, Chile |
Number of locations | Dominga, Coquimbo Region Cerro Imán, Atacama Region |
| Owner | Family of Carlos Alberto Délano (75%)[1] |
Andes Iron is a Chilean exploration and mining company with two major projects in Chile. The Dominga project is a proposed open-pit copper mine with accompanying processing plant, desalination plant, slurry pipelines and an export port.[2] The company is controlled by Chilean businessman Carlos Alberto Délano.[3] Andes Irón owns 22% of the mining company Minería Activa, and together both have an exploration project at Cerro Imán.[4]
History
[edit ]Planning
[edit ]Minería Activa Uno Spa began investing in the prospecting phase for new mines in 2008.[5] Mediterráneo Fondo de Inversión (FIP), the largest investor of Minería Activa Uno Spa, agreed with establishing a mine at the Santa Dominga Norte y Sur area in the town of La Higuera.[5]
In 2009, Chilean businessman, presidential candidate and soon-to-be president of Chile Sebastián Piñera began to invest in Andes Iron through Mediterráneo Fondo de Inversión (FIP) according to Radio Bío-Bío.[5]
The project was quickly challenged by environmentalists, including the marine conservation organisation Oceana, for its potential to impact the Humboldt Penguin National Reserve and the wider marine ecology of the area, which they describe as a marine biodiversity hotspot. The project's environmental license was rejected in 2017.[6]
Approval
[edit ]The government of President Sebastián Piñera, who was elected for a second non-consecutive term, successfully appealed the rejection of Dominga's environmental license and the company was expected to start work on the Dominga project by 2020.[7] The company stated that it would be prepared to concede its proposed port at Totoralillo, Coquimbo if Compañía Minera del Pacífico, a subsidiary of Chilean iron producer CAP, was permitted to construct their proposed Cruz Grande port nearby.[8] [9]
Pandora Papers
[edit ]In the Pandora Papers leak of 3 October 2021, President Piñera was named in the revealed documents.[10] According to Spanish newspaper El País , Chilean media organizations CIPER and LaBot allegedly documented that Piñera was involved in "particularly controversial activity".[10] The Pandora leak reported that Piñera sold Minera Dominga to his friend since childhood, Carlos Alberto Délano, shortly after entering the presidency in 2010.[10] It was reported that a small transaction was first made in Chile while two subsequently larger payments were made in the British Virgin Islands.[5] [10]
In response to the leak, Piñera's business manager said that Piñera had not been in control of his own companies for about twelve years and that he was not aware of the sale of Minera Dominga to his friend Carlos Alberto Délano.[11]
Ownership
[edit ]The company's other project, Iman, is a prospective iron ore mine. It is owned in a 50-50 partnership with Minería Activa.[12] Andes Iron is majority owned by the Delano Mendez family (74%), with minor interests held by the Garcez Silva family (14%), and the company's directors (11%).[13]
References
[edit ]- ^ "Propiedad". Andes Iron (in European Spanish). 2016年11月07日. Archived from the original on 2021年10月07日. Retrieved 2021年10月07日.
- ^ "SRK News: Dominga Norte and Sur Project". www.latam.srk.com. Archived from the original on September 15, 2016. Retrieved 2020年07月10日.
- ^ Laborde, Antonia (2024年12月10日). "El millonario proyecto minero Dominga vuelve a las manos del Gobierno de Boric". El País (in Spanish). Retrieved 2025年05月15日.
- ^ "Cerro Imán: el proyecto que entra a evaluación ambiental con inversión de US15ドル millones". El Noticiero del Huasco (in Spanish). Retrieved 2025年07月31日.
- ^ a b c d "Familias Piñera y Délano sellaron millonaria compraventa de Minera Dominga en Islas Vírgenes Británicas". Infobae (in European Spanish). 3 October 2021. Retrieved 2021年10月04日.
- ^ "Penguins force suspension of 2ドル.5bn mining project" . The Independent. 2017年10月13日. Archived from the original on 2017年10月13日. Retrieved 2020年07月10日.
- ^ "Chilean authorities eye controversial Cruz Grande port project". Mongabay Environmental News. 2020年03月25日. Retrieved 2020年07月10日.
- ^ "BNamericas - Andes Iron would change port plans to get en..." BNamericas.com. Retrieved 2020年07月10日.
- ^ "Chile's Andes Iron gets political support for banned iron ore project". www.steelorbis.com. Retrieved 2020年07月10日.
- ^ a b c d Lafuente, Javier; Martínez Ahrens, Jan (2021年10月03日). "Pandora Papers in Latin America: Three active heads of state and 11 former presidents operated in tax havens". El País . Retrieved 2021年10月03日.
- ^ Lafuente, Javier; Martínez Ahrens, Jan (2021年10月03日). "Pandora Papers in Latin America: Three active heads of state and 11 former presidents operated in tax havens". El País . Retrieved 2021年10月03日.
- ^ "Projects". Andes Iron (in European Spanish). 2016年11月07日. Retrieved 2020年07月10日.
- ^ "Property". Andes Iron (in European Spanish). 2016年11月07日. Retrieved 2020年07月10日.