Chilean far-left President Gabriel Boric announced plans to nationalize the country’s lithium industry.
Hours before Boric’s announcement of his plans to nationalize Chile’s lithium industry, Chile’s Production Development Corporation
Boric made no mention of China, nor its continued influence and presence on the country’s industries, during his announcement speech. Presently, the exploitation of lithium in Chile is being carried out by two companies in the salt flats located at the northern Chilean region of Atacama: The American Albemarle company, whose lease is set to expire in 2043, and Chilean-basedChina’s Tianqi Lithium Corporation is SQM’s second-largest shareholder, havingBoric pointed out in his speech that the current lithium mining contracts will be respected but did not rule out the possibility of the to-be-established state company entering...
Boric remarked that the country has more than 60 salt flats in addition to Atacama’s salt flats, where one third of the world’s lithium global market is produced.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Chile's Boric announces plan to nationalize lithium industryChilean President Gabriel Boric said on Thursday he would nationalize the country's lithium industry and create a separate state-owned company to produce the metal used to make electric vehicle batteries.
Leer más »
Chilean President Unveils Plan to Slowly Nationalize Lithium IndustryWhile striving for 'a sustainable and developed economy' with his new lithium plan, Chile's president must contend with legislative divisions, potential industry opposition, and Indigenous and environmental resistance to large-scale mining.
Leer más »
Factbox: Chile lithium move latest in global resource nationalism trendChile's President Gabriel Boric announced on Thursday he would nationalise the country's vast lithium industry to boost the economy and protect the environment.
Leer más »
Lithium Miners Slump as Chile Unveils State-Led PolicyShares of some large lithium mining companies traded lower after Chile’s president unveiled a state-led strategy to develop its resources of the metal
Leer más »
Factbox: World's biggest lithium producersChilean President Gabriel Boric said on Thursday he would nationalise the country's lithium industry and create a state-owned company to produce the metal that is a key component of electric vehicle batteries.
Leer más »
Pollution, bird flu threaten 'very fragile' Chilean dolphin populationGrowing pollution, industrial activities and now bird flu are threatening the Chilean dolphin, one of the world's smallest cetaceans, in the cold Pacific waters off Chile's western coastlines.
Leer más »