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Exclusive: Chile settles dispute with Albemarle over lithium


Exclusive: Chile settles dispute with Albemarle over lithium reserves data
Reuters | Apr 23, 2021 11:54 PM EDT
Brine pools from a lithium mine, that belongs U.S.-based Albemarle Corp, is seen on the Atacama salt flat in the Atacama desert, Chile, (Photo : REUTERS/Ivan AlvaradO)
Chilean regulators have settled a high stakes dispute over reserves data with top lithium producer Albemarle Corp, according to a letter viewed by Reuters, defusing a spat that may have led to the suspension of the company s permit to expand its operations in Chile.
Chile in 2016 gave Albemarle approval to hike production from the lithium-rich Atacama salt flat on condition the miner prove its reserves could sustain the increased output. ....

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Electric cars are fueling the US's lithium mining boom


Electric cars are fueling the US s lithium mining boom
Quartz
2/21/2021
Michael J. Coren
© Provided by Quartz
Brine pools from a lithium mine, that belongs U.S.-based Albemarle Corp, is seen on the Atacama salt flat in the Atacama desert, Chile
Lithium, a silvery metal so lightweight it floats on water, has been dubbed “white gold.” The element is key to the future of the automobile industry, increasingly powered by powerful batteries that require the metal, and meeting climate deadlines to decarbonize the global economy.
After decades relying on imports, countries are now scrambling to secure their own domestic supplies of the crucial ingredient, also used in ceramics, glass, lubricants, and polymers. “Lithium supply security has become a top priority for technology companies in the United States and Asia,” according to the US Geological Survey (USGS) (pdf). The US Interior Department listed lithium as a critical mineral i ....

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