Page 69 - Codelco News Today

President Gabriel Boric’s programme to exert state control over lithium production sparks conservative backlash.

Underinvestment in new projects signals a bidding war amongst the world's largest mining firms as they look to replace depleting reserves

Chile’s plan to increase its control on the national lithium mining industry comes amid a wave of more government interference in the natural resources sector across Latin America

Chile will start talks with SQM over its operations in the Atacama “this semester” to convince the world's No. 2 lithium mining company to sign...

Alphavalue / Divacons | Chile's President Gabriel Boric announced the nationalisation of the lithium industry, especially important for electric car

Chile's assertion of state control over its lithium industry has sent shock waves through the new energy metals sector.

Tough call for SQM management

Chilean President Gabriel Boric in a televised national address announced on Thursday plans to nationalise the lithium industry in a bid to boost the country’s economy and protect the environment. Lithium is the key mineral for the batteries that will run the electric vehicles (EVs), the future of global automotive industry, and therefore it becomes a key element in future economic development and rivalries because the countries that have deposits of lithium will call the shots.

Chiles state development office Corfo said on Tuesday it met with U.S.-based miner Albemarle to discuss the South American countrys plan to nationalize the lithium industry. ... | June 18, 2023

Chile's state development office Corfo said on Tuesday it met with U.S.-based miner Albemarle to discuss the South American country's plan to nationalize the lithium industry.