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Chile's state-owned Codelco strikes deal with SQP for lithium extraction

Chilean President Gabriel Boric Font Wednesday celebrated a new agreement between the state-owned National Copper Corporation (Codelco) and Sociedad Química y Minera (SQM) to create a public-private partnership to exploit the countrys lithium, with the state as the main shareholder, it was reported in Santiago.
Iii Region Salvador Allende Julio Ponce Leroy National Copper Corporation Codelco Association Of Atacame People Councils

5 Things to Know Before The Stock Market Opens

Apple resumed sales of watches after an appeals court temporarily paused an International Trade Commission ban on the product, while Chilean lithium miner SQM jumped after it reached a deal to extend access to lithium-rich deposits in that country for three decades. Here’s what investors need to know today.
United States Edward Markey Richard Blumenthal Charlie Ergen Sociedad Quimicay Minera Elon Musk

Chile's state-owned mining giant forms lithium extraction alliance

SANTIAGO (AFP) – Chile’s state-owned Codelco mining company, the world’s top copper producer, on Wednesday announced an “unprecedented” alliance with private mining giant SQM, aiming to nearly double lithium extraction in the Atacama desert. The companies will partner from 2025 to 2060, working in the desert to extract 300,000 tonnes per year of lithium, used […]
South Korea President Gabriel Boric Santiago Afp 8211 Chile 8217s State Owned Codelco Mining Company Orld 8217s Top Copper Producer Nnounced 8220 Unprecedented 8221 Alliance Private Mining Giant Sqm Iming Nearly Double Lithium Extraction Atacama Desert Companies Will Partner 2025 2060

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Chile's SQM Reaches Lithium Mining Accord With Codelco

(Bloomberg) -- SQM, the world’s second-largest lithium producer, reached a framework agreement to hand over a majority stake in its prized Chilean brine assets to state-owned Codelco in exchange for extending operations for three more decades. Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerTesla Plans Revamp of Smash Hit Model Y From China PlantS&P 500 Rally Flashe...
United States Maximo Pacheco Ricardo Ramos Bloomberg Businessweek Albemarle Corp Executive Officer Ricardo Ramos
Source: yahoo.com

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