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Lithium companies Allkem Ltd and Livent Corp said on Wednesday they will combine in an all-stock $10.6 billion deal to create the world's third-largest producer of the metal used to make electric vehicle batteries.

While Chile's plan to take control of its lithium industry has caused global shockwaves, state-led production of the metal used to make electric vehicle batteries is seen by analysts as likely years away given technical and political challenges.

Trade consultations requested by the United States on Mexico's plan to limit the use of genetically modified corn are an "unacceptable violation" of Mexican law and feed the interests of seed "oligopolies," a top Mexican official said on Thursday.

Chilean President Gabriel Boric's plan to nationalize his country's immense lithium industry is putting the spotlight on an emerging crop of filtration technologies aimed at revolutionizing how the metal is produced for the electric vehicle industry.

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 onto a state-led public-private model, aiming to wrap up dialogue during the current government, the economy minister said on Monday.