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Yellen visits US lithium site in Chile, eyes progress on green transition – ET Auto

Baua Electric

Chile also aims to reach 100% in EV sales by 2035 and could well lead the way in green hydrogen, with more than 40 green hydrogen projects underway. lithium producer Albemarle in northern Chile , saying that expanded U.S.-Chilean Yellen’s visit to Chile is part of a broader push by the Biden administration to diversify U.S.

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

Baua Electric

Chile in April will begin seeking proposals from private firms interested in extracting lithium, a key energy transition material used in electric vehicle batteries, from 26 salt flats not earmarked for state control, officials said on Tuesday. ” Chile’s Mining Ministry did not immediately respond to a request for comment.

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BYD secures preferential prices for lithium battery raw materials in Chile

CN EV Post

BYD's project in Chile is designed to produce 50,000 tons of lithium iron phosphate cathode material per year, with an estimated investment of at least $290 million. Image credit: CnEVPost) BYD received preferential prices for lithium carbonate in Chile, where it was awarded a lithium mining contract a year ago in the lithium-rich country.

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Latin America EV Market Share H1 2023, Part 2: The Growing Middle (Chile, Mexico, Dominican Republic, & Brazil)

CleanTechnica EVs

If you haven’t read it yet, you can find the previous article here: Latin America EV Market Share Part 1. In this article, we’ll finally see countries surpassing the […] Following up on our Latin American EV Market series, we continue now with countries that are further ahead of the “Laggards” but can’t be considered leaders.

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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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Protest ends at Chile’s lithium salt flats with promise of Boric visit – ET Auto

Baua Electric

The protest underscored a serious challenge to a plan by Chile, the No. Protesters agreed to end demonstrations that had blocked access to the Atacama salt flat in Chile , the world’s largest lithium deposit, with the promise of a visit by President Gabriel Boric. No timing was given for the visit.

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Chile’s SQM posts profit down 82% as lithium prices slide – ET Auto

Baua Electric

Chile’s SQM , the world’s second-largest lithium producer, on Wednesday posted an 82% fall in its fourth-quarter net profit from a year earlier, below forecasts as prices for the key battery metal continued to slide from earlier peaks. Revenue for the period fell 58% to USD 1.31 billion, also lagging LSEG’s USD 1.35

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