With the increase in popularity of electric vehicles powered by lithium-ion batteries, together with worldwide inflation following oversupply amid the Covid-19 pandemic, the ‘Lithium Triangle’ is a phrase on everyone’s lips. According to the US Geological Survey, the Lithium Triangle is an approximately 400,000km² region covering Argentina, Bolivia, and Chile, which hosts nearly 60% of the world’s known resources of lithium, a metal dubbed by those in the industry as “white gold”. Consequently, investors are planning to begin or continue collaborating with these countries as they look at their potential for the future, especially Chile. However, amid sky-high lithium prices, getting ahold of the precious mineral is not as easy as it once was.
12 October 2022
https://www.mining-technology.com/comment/lithium-chile-white-gold/
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