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Rio Tinto invests $900 million in Chile’s Maricunga project, betting on direct lithium extraction technology. DLE promises lower water use and faster output, but remains unproven commercially in ...
According to the Chilean Copper Commission, which is responsible for generating statistics and reports on mining in Chile, global lithium demand is expected to reach 3.8 million metric tons of ...
Codelco and SQM plan to raise lithium output by as much as 33% through 2060. The goal is part of a tectonic change in Chile's lithium sector after leftist President Gabriel Boric announced plans ...
Chile's mining reform slashes permit times by up to 70%, aiming to unlock billions in stalled investments. A new digital system and oversight office were introduced to streamline approvals while ...
Chile's lithium output currently comes from Chile's SQM and U.S. miner Albemarle. (Reporting by Daina Beth Solomon, Additional reporting by Ernest Scheyder; Editing by Marguerita Choy) ...
SANTIAGO, May 22 (Reuters) - Chile's state-run mining body ENAMI has tapped Rio Tinto (RIO.AX), opens new tab, (RIO.L), opens new tab for a 51% share of the Altoandinos lithium project, it said on ...
Rio will take a 49.99% share in the venture. Codelco - the world's top copper producer, which Chile's government has tasked with spearheading the state's push into lithium - will control the rest.
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The Lithium Price Collapse: How BYD’s Failed Investment in Chile ...
Reuters reports that Chile's National Economic Development Agency (Corfo) confirmed BYD and Tsingshan withdrew their investments due to the sharp decline in lithium prices. Tsingshan halted a 233 ...
Biggest lithium-mining stocks 1. Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) Market cap: US$99.83 billion Share price: AU$112.70 Rio Tinto, a global powerhouse in the resource sector for decades, is ...
Chile is the world's second-largest lithium producer. It has been a welcome boon to the economy, but local community members consider it a disaster.
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