Chile's Ambitious Plan to Boost Lithium Production

Chile's Ambitious Plan to Boost Lithium Production

By
Emiliano Vargas
1 min read

Chile is set to double its production of lithium over the next decade through the opening up of salt flats for mining. This initiative introduces a new public-private model, designating certain areas as strategically important and placing others under state-owned firm negotiation. Additionally, contracts for numerous other areas are set to be tendered. The move signifies Chile's ambition to expand its role in the global lithium market, promising significant developments in the battery metal industry.

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