What have been the most significant milestones for Promet in 2024? 

A key milestone was our expanded presence in the energy sector, building on our experience in mining, camp operations, and energy generation. Our operations in the hotel industry also saw significant growth, effectively doubling in scale. It was also a year in which we finished several interesting projects, and additionally, we strengthened relationships with key players in the mining sector in Chile and Peru, focusing on sustainability, habitability and efficiency. 

How do you adapt your solutions to the different environments in Peru?

Operations in Peru are often in remote locations, far from urban centers. In Peru, obtaining permits is a major challenge. We address these challenges by integrating early into the engineering phase of projects, ensuring compliance with permits and anticipating operational needs. We offer flexible business models, such as renting camps instead of selling them, to accommodate fluctuating labor demands during construction and operation phases.

Adapting to clients is essential, especially as operations expand and evolve. We do not just provide lodging; we manage every aspect of camp life, including food, energy and water supply in complex locations. By offering modular services, we allow for flexibility and sustainability, making investments more efficient. Instead of clients investing heavily in infrastructure they may no longer need later, we invest in scalable solutions, moving assets between projects as necessary. This ensures sustainability while making mining operations more attractive to workers.

Are there specific markets where you see expansion opportunities?

Lithium presents an important growth opportunity, but its operations require less labor than traditional mining. We are also working to enhance the aesthetics of mining camps, shifting from the lowest-cost approach of the past to creating environments that retain talent and improve living conditions for workers and executives alike.

How is Promet looking to offer more comprehensive services?

Our services are comprehensive, covering all essential aspects of hospitality and site management. These include hotel and camp operations, food services, as well as housekeeping and maintenance to ensure a clean and comfortable environment. Additionally, we provide security services tailored to the specific risks associated with mining environments, independent energy generation, and a reliable potable water supply.

Beyond these essentials, we offer specialized training facilities for workers and recreational amenities such as soccer fields and gyms to enhance the quality of life for residents. Our goal is to establish ourselves as a key player in large-scale mining projects by alleviating investment burdens for companies and delivering more integrated, efficient solutions.

How is Promet addressing the talent shortage in the mining industry?

Talent retention is a major challenge, and while we currently maintain a strong team of over 1,500 workers, the situation in the next few years remains uncertain. We attract employees by fostering a positive work environment and emphasizing the impact of our work—such as improving mining habitability and entering the housing sector to provide homes for Chileans and Peruvians. For our clients, we help attract workers by improving living conditions at mining sites. This includes modernizing accommodation with smart technology, recreational facilities and entertainment options. Mining companies can no longer rely solely on salaries to attract young talent; they must also provide a better living experience, and we are committed to supporting them in this effort.

How are regulations impacting the Peruvian mining sector?

The biggest regulatory challenge is the permit process. Investment in mining is increasing not because of regulatory ease, but due to rising demand for copper and lithium in the global transition to electromobility. However, long approval times—sometimes several years—create uncertainty and hinder projects. Investors need clarity: if a project is not viable, they should be told quickly rather than being delayed for years. Additionally, labor shortages and execution issues have caused project delays, making investors hesitant. Ensuring a steady supply of skilled labor and streamlining permitting processes will be key to sustaining future investments.

What are Promet’s main priorities in Peru for 2025?

We aim to solidify our position as the leading provider of habitability solutions in the mining and energy sectors. Our focus will be on offering flexible, customized solutions that meet industry needs while ensuring we fulfill contract commitments.