Chile's leading industrial conglomerate, Empresas Copec SA, is strategically diversifying its portfolio towards green hydrogen and copper mining amid the increasing demand for clean energy solutions. The company, controlled by the Angelini family, is shifting its focus from traditional fossil fuels and wood products towards renewable energy and alternative fuels. Strategy and Development Manager Jorge Ferrando revealed that Empresas Copec is exploring the potential of undertaking larger projects in the green hydrogen sector, following its initial forays into small-scale initiatives. While maintaining profitability from its current operations, the company aims to expand its presence in the renewable energy market. Moreover, with the electrification trend driving copper demand, Empresas Copec is eyeing further investments in copper mining. Ferrando expressed the company's interest in replicating successful ventures like its indirect involvement in the Mina Justa copper mine in Peru. Empresas Copec is evaluating opportunities for similar projects globally and may seek collaboration with partners to optimize investments and expertise in green hydrogen production. Ferrando emphasized that the company maintains a global perspective when assessing ventures, constantly exploring new opportunities in competitive markets. As Empresas Copec advances in its green hydrogen and copper mining strategies, it is also poised to make significant decisions, such as the potential development of a $400 million underground project at the Mina Justa mine. The company's proactive approach towards sustainable energy solutions and resource mining underscores its commitment to aligning with the evolving energy landscape and capitalizing on emerging opportunities in the sector.