The Chilean government currently has contracts for lithium extraction with SQM and Albemarle, which would benefit from the proposed law, but which would discourage new entrants, according to Fitch Ratings
Chile, Argentina, Brazil and Bolivia combined have 17 projects looking to attract capital as experts highlight the need to add value to the supply chain
The Australian mining company is building a plant to produce 3000 tons of lithium carbonate annually in the Argentine province of Salta, but is also reviewing the costs
The Canadian mining company is set to make its first shipment of the mineral crucial for electric car batteries, and aims to be among the top 5 global producers, its CEO Ana Cabral-Gardner tells Bloomberg Línea
Chile and Argentina are among the world’s four biggest producers of the mineral, which is key to electric-vehicle battery production, but production in other countries is also expected to increase
Pan American Energy’s other foray into lithium, on the Salinas Grandes salt lake straddling Salta and Jujuy, is struggling to progress because of a broader conflict in that region with local communities
