InvestChile Blog

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Companies show interest in operating 36 lithium deposits in Chile

InvestChile - July,11,2024

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.

Topics: Mining- Lithium

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More than 50 companies from 10 countries interested in Chilean lithium

InvestChile - July,4,2024

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.

Topics: Mining- Lithium

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Eramet prepares US$1 billion lithium investments in Atacama Region

InvestChile - April,15,2024

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.»

Topics: Mining- Lithium

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Lithium: Chile wants to double production to avoid risk of battery substitution

InvestChile - April,10,2024

Treasury Minister Mario Marcel assured that it is necessary to increase production so that it remains profitable and attractive to manufacture lithium batteries.

Topics: Mining- Lithium

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Chile invites investors to express their interest in lithium

InvestChile - April,5,2024

The government announced the deadlines for submitting proposals to develop one or more projects. The results of this process will be announced in July.

Topics: Mining- Lithium

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Eramet increases its capital to break into the lithium sector in Chile

InvestChile - February,1,2024

The 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.

Topics: Mining- Lithium

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Lithium: Five key points in the agreement between Codelco and SQM

InvestChile - January,5,2024

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.

Topics: Mining- Lithium

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Quebrada Blanca: Teck unveils its largest mining project in Chile

InvestChile - October,27,2023

The operation includes a mine area featuring a concentrator plant with a 140,000-ton daily production capacity, extensive utility infrastructure, coastal port facilities and a water desalination plant.

Topics: Mining- Canadian investment

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Four key facts about the new mining royalty in Chile

InvestChile - August,4,2023

President Gabriel Boric enacted a law that provides millions of dollars in funding for development outside Santiago.

Topics: Mining- Royalty

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Progress made in BYD project for Chilean lithium processing plant

InvestChile - July,12,2023

The Chinese giant will send engineers to our country to choose the location for a development that would cost $290 million.

Topics: Mining- Lithium

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Lithium: 46 firms from 12 countries have already met with InvestChile

InvestChile - May,2,2023

Foreign 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

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Eight key points in Chile’s new National Lithium Strategy

InvestChile - April,24,2023

“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.

Topics: Mining- Lithium

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CORFO selects BYD to boost lithium added value

InvestChile - April,24,2023

The Chinese giant was the first company selected after an evaluation process that began in November last year.

Topics: Mining- Lithium

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Canadian mining firm to develop US$ 2.4 billion project in Chile

InvestChile - February,27,2023

The initiative, which is located in the Valparaíso Region, will produce 180 thousand tons of fine copper each year, with a useful life of 26 years.

Topics: Foreign Investment- Mining

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Lundin Mining will invest US$400 million in Candelaria this year

InvestChile - January,25,2023

The Canadian company, which has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and United States, will invest US$1.1 billion in 2023. 

Topics: Mining

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Chilean mining industry leads digital transformation

InvestChile - January,5,2023

The Chilean mining sector uses social networks for around 88% of its purchases and sales, according to the 2022 Digital Transformation Index (DTI). 

Topics: Mining- Technology

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Chilean lithium has the smallest carbon footprint on the planet

InvestChile - January,3,2023

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.  

Topics: Mining- Lithium

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Rare-earth project in Chile increases investment to US$130 million

InvestChile - October,26,2022

Linked to the Peruvian Hochschild group and listed on the Toronto Stock Exchange, it would be one of the few operations to extract rare-earth elements outside of China.   

Topics: Mining- Electromobility

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OHLA awarded mining contract in Chile worth US$143 million

InvestChile - April,4,2022

The agreement signed by the Spanish company includes the new expansion phase of the Minera Spence deposit, owned by BHP and located in the municipality of Sierra Gorda in Chile’s Antofagasta Region.

Topics: Mining- Infrastructure

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Sustainable mining? Chile wants to make it happen

InvestChile - March,7,2022

The country’s new 2050 National Mining Policy contains a series of proposals to harmonize mining operations with environmental concerns.

Topics: Mining

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