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State control of resources often raises alarms, but Chile's strong institutions and earlier success create a positive outlook it can deliver.
Beijing has a 'serious first mover advantage' over the lithium production in the hemisphere, analysts warn.
President Gabriel Boric announced a plan Thursday to require private companies take Chile’s government on as a partner in the extration of lithium, which is in high demand around the world for use in electric batteries. Boric, who spoke on a national media network, said the state will participate in the entire lithium production cycle…
Leftist President Gabriel Boric promised to share mining benefits with indigenous communities, but may face opposition.
Private lithium extraction companies in Chile will be required to partner with the country's government under a plan by President Gabriel Boric.