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Thursday, March 28, 2024

Chile Unveils Lithium Salt Flats It Plans to Lease to Private Companies

 Chile unveiled salt flats that will be opened up to lithium mining as part of a plan to double production of the battery metal over the next decade under a new public-private model. Two flats — the giant Salar de Atacama where Chile produces all of its lithium currently, as well as Maricunga — were deemed to be of strategic importance, meaning future contracts will be controlled by the state, ministers said Tuesday. At two other areas, state-owned firms will have the flexibility to negotiate terms with private-sector partners. In a separate process, contracts for as many as 26 other areas will be put out to tender.

https://finance.yahoo.com/news/chile-unveils-lithium-salt-flats-113852979.html

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