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Chile needs to finalize more lithium plan details to spur investment, miners say – ET Auto

Baua Electric

Industry players said they are seeking information on how contracts will be awarded by officials in the country that is the world’s second-biggest lithium producer and are worried about pushback from Indigenous communities and environmental campaigners. “This will pose a difficulty for attracting potential investors.”

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India to send teams to Chile seeking lithium and copper assets, source says – ET Auto

Baua Electric

India will send two delegations next month to Chile to scout for lithium and copper resources, a government source said, as rapid economic expansion and New Delhi’s efforts to speed up the energy transition stoke demand for critical minerals. Kantha Rao, the most senior official at the Ministry of Mines, said last week. USD 1 = 83.30

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Codelco plans lithium exploration in Pedernales salt flat in late 2024 – ET Auto

Baua Electric

Chile’s state-run Codelco plans to begin lithium exploration in the country’s Pedernales salt flat in the second half of the year, as part of the copper miner’s nascent efforts to mine the white metal, Chairman Maximo Pacheco said on Monday. Chile holds the world’s largest lithium reserves.

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Copper output at Chile’s Codelco set to rise this year, CESCO says – ET Auto

Baua Electric

That goal appeared realistic, said Jorge Cantallopts, head of the Center for Copper and Mining Studies (CESCO) in Chile, the world’s top producer of the red metal. That goal appeared realistic, said Jorge Cantallopts, head of the Center for Copper and Mining Studies (CESCO) in Chile, the world’s top producer of the red metal.

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Saudi Arabia Pursues Lithium to Fuel EV Ambitions – ET Auto

Baua Electric

Alkhorayef stated that he was unaware of any discussions with Chile regarding its lithium licenses. Minister of Industry and Mineral Resources Bandar Alkhorayef stated in an interview that attempts to secure domestic supplies were in early stages.

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Eramine Sudamerica joins Argentine lithium race with Salta plant – ET Auto

Baua Electric

Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China. Over half the world’s known lithium resources are in South America.

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Chile’s SQM updates shareholders over delayed Codelco lithium deal – ET Auto

Baua Electric

Chile’s SQM on Thursday told shareholders it pushed back a deadline for a lithium deal with state-run copper producer Codelco due to the “complexity of the negotiation,” including ongoing audits. The companies were set to announce final terms by March 31, but on Wednesday extended that deadline to the end of May.

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