Chile Invites Private Investors for Lithium Contracts
Chile is soliciting commercial interest in bidding for contracts to produce lithium.
Chile is soliciting commercial interest in bidding for contracts to produce lithium.
Last week, the top lithium mining companies urged Chile to overhaul regulation to allow them to increase output of a metal seen booming in coming years anticipating a larger scale adoption and demand of electric cars and lithium batteries. The government wants the industry to grow; however, opposition has said the state should keep its tight grip over an industry that could bring billions of dollars in revenue in the future.
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