21 April 2023
Chile’s president Gabriel Boric has introduced a plan for his nation’s transition to having a state-run lithium trade. ‘Any personal firm, whether or not overseas or native, that wishes to take advantage of lithium in Chile should associate with the state,’ Boric stated. Chile has the world’s second largest lithium manufacturing sector, after Australia, and third largest reserves, after Bolivia and Argentina. The demand for lithium is set to extend as it’s a core part of batteries for electrical autos. Boric additionally introduced a separate state-run firm for the manufacture of the metals utilized in these.