Ecuador to Resume Large-Scale Copper Mining Concessions by 2026

Ecuador Mining

Government Prepares to Reopen Mining Concession System

Ecuador will restart medium- and large-scale copper mining concessions by March 2026, according to energy minister Ines Manzano. The country has not granted new concessions since January 2018, marking a major policy shift under President Daniel Noboa’s administration.

The mining cadaster, a public register managed by regulatory agency Arcom, reopened on 16 June for small non-metallic concessions such as limestone and cement. Authorities will extend the process to small-scale metallic concessions in September 2025, before moving to large-scale copper and other metals.

Copper Sector Central to Ecuador’s Growth Plan

Ecuador is building a new digital system to consolidate data on mining concessions, including dormant licenses since 2021. By March 2026, these areas will be reassigned to the ministry of energy, creating opportunities for new investors.

The government aims to double concession areas from 1.6mn to 3.2mn hectares, equal to 6pc of Ecuador’s territory. This expansion underscores the country’s plan to boost copper mining output, with recent data showing 188,920t of copper concentrate exports from January-April 2025, a 9pc increase year-on-year.

The Metalnomist Commentary

Ecuador’s decision to relaunch copper mining concessions highlights its intent to attract foreign investment and strengthen exports. However, regulatory consistency and political stability will be critical for investor confidence. The success of this reopening will depend on how effectively Ecuador balances environmental, community, and economic priorities.