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Chile to nationalize lithium industry

Green Car Congress

Chile President Gabriel Boric announced that his government will nationalize the country’s lithium industry, with the objective of increasing wealth for the country, and developing a key industry as a fundamental step to link Chile’s economic development with the change towards a green economy at a global level.

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BYD wins Chile lithium extraction contract

Green Car Congress

The other lithium extraction contract, also for 80,000 tons, went to Chile-based Servicios y Operaciones Mineras del Norte SA, for an offer of US$60 million. Among the losing bidders were Albemarle, which produces 19% of global lithium, and Chile’s SQM (17%). million tons, according to the US Geological Survey (USGS).

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Yutong Bus to deliver 100 electric buses to Chile

Green Car Congress

will deliver 100 full electric buses to Chile. The E12 Electrical Bus, the model Yutong will deliver to Chile, is equipped with 324 kWh battery capacity and low energy consumption. Yutong Bus sells buses in more than 30 countries across six continents with a market share of more than 30% in China and more than 15% globally.

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S&P Global: US faces new challenges meeting increased demand for critical minerals spurred by IRA

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However, ensuring enough qualifying supply to meet that demand faces “considerable challenges,” according to a new analysis by S&P Global. For example, the United States relies on one country, Chile, for 60% of refined copper imports. However, for Chile the United States accounts for only 20% of its refined copper exports.

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Rio Tinto to acquire copper exploration assets and enter joint venture with Codelco in Chile

Green Car Congress

ADLF), a company with exploration tenements in Chile’s prospective Atacama region, and to enter a joint venture with Corporación Nacional del Cobre de Chile ( Codelco ) to explore and potentially develop Agua de la Falda’s assets. Rio Tinto has agreed to purchase Pan American Silver’s stake in Agua de la Falda S.A.

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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

Green Car Congress

Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. Bolivia is lithium-rich; the USGS estimates identified lithium reserves in the country to be 21 million tons—ahead of Argentina and Chile, the other members of the “lithium triangle”.

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How Chile’s lithium mining model will satisfy the global battery demand

Innovation News Network

Find out how Chile's lithium mining model will revolutionise the industry and meet the rising demand for battery production worldwide. The post How Chile’s lithium mining model will satisfy the global battery demand appeared first on Innovation News Network.

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