BHP launches $39 billion bid for Anglo American - Mining Engineering Online
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CODELCO CHAIRMAN SAYS CHILE GOVT WILL RECEIVE 85% OF ASSOCIATED BENEFITS FROM PROPOSED SQM LITHIUM DEAL AS OF 2031 ... -April 23, 2024 at 09:07 pm EDT - MarketScreener
Chile's government is expected to receive 85% of associated benefits including taxes and lease payments from a planned partnership between state-run copper miner Codelco and lithium company SQM... -April 23, 2024 at 09:07 pm EDT - MarketScreener
The Chilean government has announced details of its lithium production expansion plan. The overall goal is to increase Chile's current lithium production of 250,000 tons by 70% and double the output within the next ten years by 2030. The plan lists the Salar de Atacama and Salar de Maricunga as strategic salt flats where the state must have a majority controlling position. Development and cooperation at these two salt flats will be led by Codelco. Codelco has already formed a partnership with SQM to jointly develop the Salar de Atacama.
Lured by copper, major miners drawn to Quesnel Trough and Golden Triangle