Japanese miners see Chile's tax hikes deterring new investment

Japan's miners see higher taxes in Chile potentially discouraging them from investing in new mines in the world's top copper producer but would not lead them to quit existing projects, the head of an industry body said on Monday.

Growing nationalism in resource-rich countries is challenging miners as they hunt for minerals needed for the energy transition, even as they face rising costs, tougher environmental rules and pressure from investors to decarbonise.