Referring to the unique ecological value of the region, Environment Minister Maisa Rojas reported that a committee of government ministers voted unanimously against Andes Iron's Dominga project. Andes Iron, owned by the local Delano and Garces families, has said it will appeal the decision in environmental courts.
The Dominga project is a point of contention between commercial interests in Chile, a global investor favorite and mining giant, and activists who warn it will harm the local environment. By halting the controversial project after a decade of legal struggle, Boric's left-wing government risks jeopardizing the business environment in Chile's core industry at a time when the economy is expected to fall into recession this year.
In a press statement, Andes Iron said, "The Domingo project not only meets all standards, but also exceeds all standards and is in line with the principles set by the government for sustainable development. We have full faith that right and justice will prevail at the end of the process."
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