LITHIUM
A plan to kick off a partnership between Chilean state miner Codelco and the world's No. 2 lithium producer SQM is on track for next year despite a potential challenge from a major SQM shareholder, China's Tianqi, Codelco chairman Maximo Pacheco said on Thursday.
Codelco and SQM last week announced the finalised terms of a deal that will let SQM boost output through 2060 in Chile's prized Atacama salt flat, while giving Codelco a majority stake in SQM's operations. The tie-up will push the state into a front-line role in developing the key electric vehicle battery metal.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access