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Chile Unveils Lithium Salt Flats That it Plans to Lease to Private Companies [Financial Post (Toronto, Ontario, Canada)]

Albemarle Corporation (ALB) 
Last albemarle corporation earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.albemarle.com
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Chile unveiled salt flats that will be opened up to lithium mining, and others that will be protected, as the government aims to double output of the battery metal over the next decade under a new public-private model. Two areas — the giant Atacama salt flat where Chile produces all of its lithium currently, as well as Maricunga — were deemed to be of strategic importance, meaning future contracts will be controlled by the state, ministers told reporters in Santiago on Tuesday. At two other areas, state-owned companies will be able to negotiate terms with private-sector partners, while companies will be invited to express interest in 26 other areas in a tender process. Article content Article content President Gabriel Boric wants to tap more of the world's largest reserves of the key ingredient in electric-vehicle batteries, which are locked in Show less Read more
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