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About Chaco Minerals
Chaco Minerals is a well-funded exploration company that holds a portfolio of assets located in Paraguay's emerging lithium district.
The Company is actively exploring a ~2.0M ha provincial-scale land package of the most highly-prospective areas for lithium brines in Paraguay’s Chaco Basin.Chaco Minerals is pursing sustainable exploration and business practices in line with leading industry ESG standards.
The Chaco Basin demonstrates many of the same characteristics as South America’s premier lithium brine producing regions, though it is historically under-explored for critical metals.
Economic Advantages
Paraguay offers advantageous geopolitical, financial, tax, and security conditions for mining compared to its neighbors, Chile, Argentina, and Bolivia.
The country's tax laws exempt exploration sales tax and grant a 5-year corporate tax holiday, followed by a 10% rate thereafter.
Profits repatriation from lithium mining is tax-free, and a 10% tax credit is available for exports. Additionally, Paraguay's extensive waterways, notably the Paraguay and Paraná rivers, facilitate crucial access to major ports, enhancing global connectivity.
These rivers serve as vital trade and transportation routes, linking Paraguay to the Atlantic Ocean and global markets.
