Page 3 - Codelco News Today

Chile’s government indicated that SQM and Codelco will proceed with the signing of a binding lithium partnership by Friday’s self-imposed deadline even as the deal faces mounting headwinds. “We hope that the agreed deadlines will be met,” Finance Minister Mario Marcel, 64, said Thursday in an interview from New York. “Any agreement of this size does not end simply with the signing of a document. There’s a whole implementation process that continues.”

Enami is set to commence construction on its inaugural lithium project as early as 2027, aligning with the government's strategy to amplify its presence in the global battery metal sector.

114 meters of 0.95 g/t Gold from 4-118 meters in RC hole A-RC-02 including:70 meters of 1.27 g/t Gold (22-92.00 meters)And 30 meters of 1.63 g/t Gold (44-74 meters)And 12 meters of 2.45 g/t Gold (62-74

114 meters of 0.95 g/t Gold from 4-118 meters in RC hole A-RC-02 including:70 meters of 1.27 g/t Gold And 30 meters of 1.63 g/t Gold And 12 meters of 2.45 g/t Gold 240 meters of 0.31 g/t Gold from...

The latest data from the United States Geological Survey (USGS) shows that the top ten lithium reserves countries globally are:

A recent study from the University of Michigan has shed light on a critical challenge facing the global transition to electric vehicles: the inability of copper mining to keep pace with the growing demand.

Chilean mining company SQM, the world's second-largest lithium producer, expects to meet a May 31 deadline to finalise a joint venture with state-run miner Codelco, SQM's CFO, Gerardo Illanes, said on Thursday. Some analysts had cautioned the deal could be delayed after an earlier deadline was extended two months due to complexities in the negotiation, and flagged a high-profile dispute between SQM and shareholder Tianqi Lithium as a risk.

For Immediate Release SQM REPORTS EARNINGS FOR THE THREE MONTHS ENDED MARCH 31, 2024 ...

Chilean mining company SQM, the world's second-largest lithium producer, on Thursday posted a net loss of $870-million for the first three months of the year, as oversupply of the metal needed for electric vehicle batteries drags on prices. This brought a loss of $3.04 per share, well below the $0.74 profit expected by analysts polled by LSEG, while revenues more than halved to $1.09-billion over January to March, below analysts' $1.13-billion forecast.

Document UNITED STATES SECURITIES AND EXCHANGE...