Chile plans to open 26 lithium salt flats for private investment while maintaining state control of Atacama & Maricunga deposits to boost its lithium industry and double production in a decade.
Chile revealed plans to open up 26 lithium salt flats for private investment, while reserving the Atacama and Maricunga deposits for state majority control in lithium extraction. This aims to boost the country's state control over its lithium industry, the world's second-largest after Australia. The move could double Chile's lithium production in the next decade and increase its output of the key material in electric vehicle batteries.
March 27, 2024
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