Page 72 - Codelco News Today

Will shift control from industry giants to a state-owned company

In a move to nationalize lithium, Santiago could freeze vital foreign capital investments.

Chile would nationalize its lithium industry, the world’s second largest producer of the metal essential in electric vehicle (EV) batter

The Chilean government’s newly announced plan to have the state take a majority stake in the lithium industry disconcerted business leaders, though analysts cautioned that the proposal appears to try to strike a middle ground between competing interests.P

Leftist President Gabriel Boric promised to share mining benefits with indigenous communities, but may face opposition.

By Alexander Villegas and Ernest Scheyder

Chile, the worlds second-largest lithium producer, plans to nationalize the lithium extraction industry to protect the environment and boost economic growth.

MARKET WRAPS Stocks: European stocks were mostly higher on Friday, following data from a purchasing managers survey showed activity in the eurozone manufacturing and services sectors increased in April. The PMI data for the eurozone points ... | 06:10am

Chiles President Gabriel Boric said on Thursday he would nationalize the countrys lithium industry, the worlds second largest producer of the metal essential in electric vehicle batteries, to

Chile’s government delivers long-awaited lithium development policy; State will partner with private firmsto tap reserves says President Boric.