EXCLUSIVE: Chile mines minister clarifies controversial new lithium strategy
Mining minister Marcela Hernando noted the country's attempt to capitalize on the lithium boom was a strategy, not a policy.
Mining minister Marcela Hernando noted the country's attempt to capitalize on the lithium boom was a strategy, not a policy.
The lithium operations have been put on hold for 7 days to address administrative concerns raised by authorities.
Employment in Argentina’s lithium mining sector grew by 68% year-over-year.
The company announced a plan in November to separate its Argentine and North American units into two separate entities.
“Only a few years ago, you wanted to build a mine, there wasn’t a question of whether you would get the power or not," Sayona's CEO says.
The main focus for now is attracting investors to produce and export lithium concentrate from Brazil’s hard rock deposits.
Albemarle currently extracts the metal using mass evaporation ponds from brine taken from underground reservoirs.
The new exploration will allow the firm to expand its existing resources in the southern Puno region.
“America-centric is a big differentiator for us with customers, with investors,” said Livent CEO Paul Graves.
US-based researchers have characterized for the first time two types of surface water in the hyperarid salars that contain much of the world’s lithium deposits.