Cochilco said demand for lithium had been muted because of the pandemic, expected at around 75,000 tonnes, but would surge to 1.4 million tonnes by 2030.
Shares were up more than 5% after the firm posted higher output across all divisions, except for copper, and said market conditions for its diamond business had improved.
Brazil's suspended iron ore producer Samarco misses another payment on its $3.8 billion debt as it struggles to stay afloat following deadly dam burst.
The country's sector, dominated by precious metals and zinc, will be well-positioned for the expected price outperformance of these commodities, shows new report.
He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.
Outside the meeting, a street theatre re-enactment of the destruction of the Doce River in Minas Gerais, Brazil, was accompanied by testimonials from frontline visitors affected by the company’s operations in Brazil, Colombia and Indonesia.