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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ENAMI calls for innovative companies in lithium extraction

InvestChile - March,18,2024

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

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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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Tesla prepares to arrive in Chile

InvestChile - December,18,2023

This is the first financial move by the parent company, which has already led Tesla’s incursion into several markets. 

Topics: Lithium- Electromobility

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Exchange program to China: Lithium industry immersion for Chileans

InvestChile - August,29,2023

The 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

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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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Codelco will lead lithium negotiations in the Atacama Salt Flat

InvestChile - May,25,2023

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

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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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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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Geolith brings to Chile technology for sustainable lithium extraction

InvestChile - July,4,2022

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

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New technique could produce lithium in hours not months

InvestChile - March,26,2020

The 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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Boom in electric vehicles calls for more  lithium investment

InvestChile - June,12,2019

Some US$9,000 million must be invested in the lithium mining sector to develop the 600,000 tonnes of new capacity required to satisfy demand. 

Topics: Lithium

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Lithium glut? No way, say industry executives eyeing demand

InvestChile - March,9,2018

Forecasts for a glut in lithium, a major ingredient in rechargeable batteries for electric vehicles, fail to account for strong demand and how complicated it is to process and mine, industry executives and analysts said.

Topics: Lithium

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