The new areas in which lithium exploration and extraction projects can be developed are located in the Tarapacá and Antofagasta regions.
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The new areas in which lithium exploration and extraction projects can be developed are located in the Tarapacá and Antofagasta regions.
Of the total number of requests for information, 53 were for 16 salt flats or saline lakes, while another 28 were for other types of deposits. Additionally, seven requests were for salt flats or areas excluded from this process.
Mining Minister Aurora Williams highlighted the collaborative work between the ministries of Economy, Treasury and Foreign Affairs, and institutions such as the Chilean Economic Development Agency (CORFO) and InvestChile, “to promote the process in a transparent manner” both in Chile and abroad.
The French company explains that its presence «provides geographical diversification to the Chilean lithium industry, whose current stakeholders only have links with the United States and China.»
Treasury Minister Mario Marcel assured that it is necessary to increase production so that it remains profitable and attractive to manufacture lithium batteries.
The government announced the deadlines for submitting proposals to develop one or more projects. The results of this process will be announced in July.
The National Mining Company of Chile has initiated a Request for Information (RFI) aimed at companies and consortia working on new technological processes for lithium extraction.
Topics: Lithium
Read MoreThe European group decided to increase the capital of its local subsidiary, Eramet Chile. A month earlier, the company had agreed to acquire the Siete Salares project in Chile for the same amount.
State-owned mining company Codelco will have a majority stake in the new venture to exploit the largest lithium deposit in Chile until 2060. During the first period, SQM will be responsible for the operation.
This is the first financial move by the parent company, which has already led Tesla’s incursion into several markets.
Topics: Lithium- Electromobility
Read MoreThe initiative developed by Fundación Encuentros del Futuro and Tianqi Lithium’s «We Share» fund will provide training to postgraduate students at Chinese companies and universities for one month, contributing to the development of Chile’s lithium industry.
Topics: Lithium- Chinese investment- Talent
Read MoreThe Chinese giant will send engineers to our country to choose the location for a development that would cost $290 million.
Chilean economic development agency Corfo’s executive vice-president delivered a document to the chairman of Codelco which formalizes the state-owned copper mining company’s role as the State’s representative in future lithium mining contracts with interested parties.
Topics: Lithium
Read MoreForeign companies have shown great interest in participating in the different links of the mineral’s value chain in Chile during meetings with the agency.
Topics: Foreign Investment- Mining- Lithium
Read More“The challenge is for our country to become the world’s main lithium producer, thus increasing its wealth and development,” said the President of Chile, Gabriel Boric.
The Chinese giant was the first company selected after an evaluation process that began in November last year.
The South American country is the world’s second largest lithium producer after Australia and holds approximately 45% of global reserves of this mineral, which means that new business opportunities will undoubtedly emerge over the coming years.
The French start-up has inaugurated a pilot field trial for their direct lithium extraction filter with its more eco-friendly technology at the Universidad de Antofagasta in northern Chile.
Topics: Lithium- French investment
Read MoreThe method mimics the filtering capabilities of living cells to extract lithium from concentrated salt water, where the metal is typically mixed with other materials.
Topics: Lithium
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