The US giant Albemarle would be interested in starting negotiations on increasing state control of Chili on the production of lithium in the Salar de Atacama”as soon as possible”, said the Minister of Mining, Marcela Hernando, on Tuesday. The government launched a plan in April with which it seeks to have a majority stake in […]
Tag: lithium
Chilean minister on lithium: We have taken a long time to react and investigate
The Chilean Minister of Mining, Marcela Hernando, said that the national strategy of the lithium recently announced by your government does not seek to nationalize the mineral -“it has been since the dictatorship”-, and that the objective, beyond the country recovering its leading position, is to increase production “because the world needs it”. “Are we […]
The Chilean economy falls 0.6% in the first quarter of 2023 and lasts longer than expected
The economy Chilean it fell 0.6% in the first quarter of 2023 compared to the same period of the previous year, less than expected, due to a downward incidence of trade and the agricultural-forestry sector, the Central Bank reported on Thursday. Personal services, on the other hand, were the main contribution to the rise, partially […]
Macusani Yellowcake Receives Authorization to Explore Quelcaya Lithium Project
Ulises Solís, general manager of Macusani Yellowcakereported that the company responsible for operating the Falchani lithium deposit received authorization to explore the Quelcaya lithium project, located in Puno. During his participation in the International Congress of Prospectors and Explorers – proEXPLO 2023, the executive indicated that the objective is to increase the 4.7 million tons […]
Argentina’s Mariana lithium project plans to enter production in 2024
The project of lithium Mariana, located in the northern Argentine province of Salta and run by the Chinese company Ganfeng Lithium, plans to go into production in 2024, a company linked to the project reported on Tuesday. As indicated in a statement, the Canadian mining company TNR Goldwhich owns a 1.5% royalty in the Mariana […]
Ulises Solís Llapa: “The nationalization of lithium in Chile is an opportunity for Peru”
Ulises Solís, general manager of Macusani Yellowcakeaffirmed that the nationalization of lithium in Chili It is a call for other producing countries in the region, such as Peru, to capture the trail of investments that it leaves behind. He further revealed that Falchani keeps in his bowels more than the 4.7 million tons that they […]
Chile: State lithium plan emerges as test for resource nationalism
The speech of the Chilean president, gabriel boriclast week to seek greater state control over the lithium looms as the latest test for the resource nationalism embraced by the rising left in Latin Americabut which has proven difficult to implement in practice. While the former student protest leader’s proposal to give the state a majority […]
Chile uses old copper formula for its new lithium plan
Chile’s decision to increase state control over its lithium industry has shocked the new energy metals sector. The country’s two largest lithium producers, SQM and Albemarle, have seen their share prices fall on the prospect of having to relinquish majority control of their operations or risk losing their licenses once they expire in 2030 and […]
Lithium: Another Budding Export-Only Industry
Lithium has once again been the protagonist this week after the Government of Chile (the second largest producer in the world, only after Australia) announced its intention to nationalize the production of the so-called white gold as part of its new “National Lithium Policy” for the management of this metal, an initiative that contemplates creating […]
Chilean lithium policy is a boost for manufacturers to diversify their supply
Chile’s decision to nationalize its food industry lithium It adds supply uncertainty for global automakers, which are facing a shortage of materials for electric vehicle batteries, and could make it more urgent to seek new sources of the metal. The president of ChiliGabriel Boric, announced last Thursday his intention to create a new state company […]