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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

Chile’s Ministry of Mining awarded China-based BYD a contract to extract up to 80,000 tons of metallic lithium. 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. million tons, according to the US Geological Survey (USGS).

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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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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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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

Chengze Lithium International Limited—China’s second-largest lithium processor—is required to divest itself of its investment in Lithium Chile. Calgary-based Lithium Chile has ownership in the largest high-grade lithium reserves in the world comprising 79,900 hectares in Chile and 23,300 hectares in Argentina.

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Lithium: Good News for the Australian Mining Industry

CleanTechnica EVs

In good news for the Australian mining industry, miners produced 55,000 tonnes of lithium in 2021, a 28% increase from the 39,700 tonnes of lithium produced in 2020. Australia is the global leader in lithium production in 2021, with Chile (26,000 tonnes), China (14,000 tonnes), and Argentina (6,200 […].