Reuters reported six companies are in the running to pocket a lithium mining concession in Chile.
As quoted in the market news:
Posco Consortium, made up of Posco Ltd, Mitsui & Co , Daewoo International Corp and miner Li Energy Spa; and Chilean miners NX UNO de Peine and SQM are competing for a concession.
Development of lithium has been tempered by a constitutional ban on concessions. Special contracts for lithium production, however, are legally permitted.
