The world's driest desert, including a northern part of Chile and Argentina is currently the host to some of the largest and most efficient lithium producers in the world. Both Salar del Hombre Muerto and Salar de Atacama have seen some of the wettest winter weather to affect the region in decades, where even just fractions of an inch of rain have done some reported damage in areas.
In an exclusive with Lithium Investing News, Jonathan Lee, Battery Materials and Technologies Analyst believes that the risk of a prolonged impact of the Japan Crisis on the lithium industry is not likely.
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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