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 […]
Tag: lithium
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 […]
Congress proposes declaring the construction of a national lithium plant of national interest
Congressman Alfredo Pariona Sinche, from the Perú Libre bench, proposes declaring the creation, construction and operation of the national lithium plant of public necessity and national interest, in such a way that the results of its exploitation, industrialization and derivatives satisfy the national demand, while its surpluses must be marketed internationally. “Currently, in South America […]
Chilean bid for state control of lithium scares investors
Chili announced measures to boost state control over its industry lithiumas it seeks to diversify away from mining into batteries and other areas, raising concerns among investors about the country where dominant white metal miners SQM and Albemarle operate. Progressive President Gabriel Boric announced the plan late on Thursday, which entails shifting the world’s second-largest […]
Chile plans to nationalize lithium production as part of its new national policy
Chilean President, gabriel boricpresented on April 20, in a speech to the nation from the Palacio de la Moneda, the National Lithium Strategy, which aims to nationalize the production of this minerallowering the shares of mining companies. First of all, the president highlighted that Chile is one of the countries with the largest lithium reserves […]
Chile seeks to recover positions in disputed world race for lithium
The long-awaited announcement by the Chilean president, Gabriel Boric, on the National Policy of Lithiumone of his great campaign promises, reactivates the global race for Chili to exploit this mineral, essential for electromobility and for which the South American country has the largest exploitable reserves in the world. Boric wants to place Chili as “the […]
Boric calls for a “dialogue process” to define lithium governance
The president of Chile, Gabriel Boric, called this Friday for a “process of dialogue and participation to gather the visions and knowledge” that contribute to define a governance of the lithium and the salt flats in the South American country. This after some business unions were critical of the national lithium strategy announced on Thursday […]