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State-Owned Lithium Companies Will be Valuable in Entire Industry Chain, Chile and Albemarle under Lithium Contracts Negotiations

  • Apr 26, 2023, at 1:23 pm
Chile's economy minister stated that decisions about the lithium mining industry must be in the public interest of Chile, and state-owned lithium companies will play a role in the entire value chain.

SHANGHAI, Apr 26 (SMM) – Chile's economy minister stated that decisions about the lithium mining industry must be in the public interest of Chile, and state-owned lithium companies will play a role in the entire value chain.

The government will seek state participation before the current lithium contract expires in 2030.

In response to this situation, Albemarle said it would negotiate a lithium mine contract with Chile.

Mining company SQM also said it believed it would reach a "reasonable lithium deal" with Chile.

  • Industry
  • Cobalt & Lithium
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