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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 President Gabriel Boric said on Thursday he would nationalize the country's lithium industry, the world's second largest producer of the metal essential in electric vehicle batteries, to boost its economy and protect its environment.

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An attempt last year to overhaul mining rights faced fierce opposition from the mining sector and was voted down.

Chile's president aims to nationalize the country's lithium industry, the world's second largest producer of the metal essential in electric vehicle batteries.

Future lithium contracts would only be issued as public-private partnerships with state control, President Boric said

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