January 10

Chilean Government Retains Majority Stake in Lithium Production in Chile

The Chilean government on Thursday (Dec. 28) announced that the State will have a historic 50%+1 stake in lithium production in the country with the State-owned Copper Company (CODELCO) leading the development of the industry in the coming decades.

Earlier in April, President Gabriel Boric unveiled the National Lithium Strategy and directed the Chilean Economic Development Agency (CORFO) to work with CODELCO to find the best strategy that will ensure sustainable exploration and production of lithium and other mineral substances in the Salat de Atacama region.

Photo courtesy of Tim Peake.

Source: Emerging Technology News (link opens in a new window)

Energy, Technology
energy access, mining, renewable energy