The world’s 50 biggest miners gained a combined $42 billion during Q2, but the ranks of lithium stocks in the top tier have halved as valuations plummet.

Codelco values the interest in Quebrada Blanca, currently held by Chilean state mining firm Enami, at about $500 million.

London argues that Canada urgently needs to establish commercialization hubs to produce finished products like batteries, permanent magnets, and cathodes.