Tag Archive | "Royalty Tax"

Lithium Industry Keenly Awaiting Potential Chile Regulation Change

Wednesday, August 11, 2010

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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