Recently, according to a report published on May 21 by Chilean local media *El Mercurio*, Chile's Committee of Ministers officially completed the environmental assessment approval for multiple major investment projects, granting environmental permits for three key projects with a total investment exceeding $2.8 billion, covering green energy, public infrastructure, and mineral development, among other sectors. The large-scale green hydrogen and green ammonia project stood out as the core highlight of the approved projects, marking a substantive breakthrough in the commercialization of Chile's domestic green hydrogen industry.
Among the three projects approved, MAE's Volta green hydrogen and green ammonia project had the largest investment volume and highest industrial value. Located at the port of Mejillones, Chile, the project has a total investment of $2.5 billion and is Chile's first industrial-scale green hydrogen fuel project to successfully pass environmental assessment approval, representing a milestone for the large-scale development of the local green hydrogen and green ammonia industry.
According to the project plan, the Volta green hydrogen and green ammonia project is expected to include the construction of a 600 MW PV power station and four dedicated energy storage tanks, leveraging high-quality PV green electricity resources to achieve clean hydrogen and ammonia production throughout the entire process. Upon completion and commissioning, the project is expected to achieve an annual capacity of 620,000 mt of green ammonia, significantly boosting Chile's domestic green ammonia capacity, facilitating the low-carbon transformation of the local energy structure, and providing important support for the expansion of the global green hydrogen and green ammonia supply chain.
In addition to the core green hydrogen and green ammonia project, two supporting industrial projects were also approved simultaneously. The first is the Pudahuel Urbanya Phase I residential development project by Grupo Santa Cruz, with a total investment exceeding $203 million, planning to build 1,183 residential units, of which 64% can be purchased through local housing subsidy policies, effectively improving regional public amenities and enhancing residents' housing security.
The other is a mineral development project. Pampa Camarones' Ciclón-Exploradora underground polymetallic mine project was successfully approved. The project has been transferred to Australia's Norfolk Metals for $50 million, with an overall investment of $125 million, which will further stimulate the development of Chile's domestic mineral resources and drive high-quality growth of the regional mining economy.
The concentrated approval of multiple major projects, especially the smooth advancement of the large-scale industrial green hydrogen and green ammonia project, fully demonstrated Chile's strategic determination to deepen its clean energy industry and promote green energy transformation. This will further consolidate Chile's core position in the Latin American green hydrogen industry and inject strong momentum into the large-scale and commercial development of regional green energy.
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