Chinese giants BYD and Tsingshan pull out of lithium projects in Chile

Two major Chinese firms, BYD and Tsingshan, have abandoned plans to build lithium cathode plants in Chile, a significant blow to the South American nation’s ambitions to boost domestic lithium processing. Chile, the world’s second-largest lithium producer, …

‘It’s like putting a whale in a blender’: the rise of deadly ship collisions in Chile

The memory of a blue whale gliding past his small boat haunts Patricio Ortiz. A deep wound disfigured the crustacean’s giant body – a big chunk had been ripped from its dorsal fin. Cargo ships are the only adversary capable of inflicting such harm on a …

Amazon investing more than $4B in Chile cloud infrastructure

Amazon Web Services is expanding its South American infrastructure. Amazon Inc. is significantly increasing the presence of its Amazon Web Services (AWS) hosted cloud services platform in Chile. The online giant plans to launch an AWS infrastructure region …

Chile: Elecard, Grupo Z partnership

Elecard, a developer and provider of video analysis and quality monitoring solutions, has announced a partnership with Grupo Z, a Chilean provider of CDN and streaming services. The collaboration marks a step toward introducing advanced video streaming …

Upstart outlook, Spotify playlists, Amazon invests $4B into Chile

00:00 Speaker A It's time for Yahoo Finance's market minute. Upstart shares lower as its revenue forecast falls short of expectations, sparking concerns from investors about weakening demand for loans in a higher rate environment. Upstart's CEO …

The largest copper discovery in the last 30 years took place in the Atacama region of Chile

Amazon to invest $4B in Chile to launch AWS infrastructure region

Amazon is making a sizable investment to support new and existing Amazon Web Services (AWS) customers in Chile. The tech conglomerate announced on Wednesday that it will pour more than $4 billion into building an AWS infrastructure region of data centers …

China's BYD, Tsingshan scrap plans for Chile lithium plants, newspaper reports

SANTIAGO (Reuters) - Chinese automaker BYD and metals group Tsingshan have both informed Chilean authorities that they are withdrawing plans to construct lithium processing plants in Chile, newspaper Diario Financiero reported on Wednesday. BYD filed its …

Chile's Codelco signs $500 million insurer-backed credit agreement

SANTIAGO (Reuters) - Chile's state-owned miner Codelco, the world's largest copper producer, said on Wednesday it signed a credit agreement for $500 million through Spanish lender Santander and with a guarantee from Italian state credit insurance …

Amazon to spend $4 billion on cloud infrastructure in Chile

By Fabian Cambero SANTIAGO (Reuters) -Amazon's cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile, the company's head of South Latin America told Reuters. Amazon Web Services (AWS …