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The only two lithium-extracting companies currently operating in Chile, SQM and Albemarle, have licences to extract lithium until 2030 and 2043 respectively. [ 15 ] [ 16 ] In April 2023 Chilean government announced plans for nationalizing its lithium industry. [ 17 ]
Chile's Atacama salt flat is sinking at a rate of 1 to 2 centimeters (0.4 to 0.8 inches) per year due to lithium brine extraction, according to a study by the University of Chile. The study used ...
Sociedad Química y Minera de Chile (SQM) is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium and industrial chemicals. It is the world's biggest lithium producer. [2] SQM's natural resources and its main production facilities are located in the Atacama Desert in Tarapacá and Antofagasta regions.
The lithium extraction process in Salar de Atacama begins with salty brine being pumped out of the ground and then put to rest in evaporation ponds so the remaining brine is slowly enriched in lithium. The evaporation pond stage takes usually 12 to 18 months which is the time it takes for it to reach a lithium concentration of 6%. [24]
Protesters agreed to end demonstrations that had blocked access to the Atacama salt flat in Chile, the world's largest lithium deposit, with the promise of a visit by President Gabriel Boric.
Chile's SQM, the world's second-largest lithium producer, said it has suspended operations at the Atacama salt flat in Chile due to road blockades. "Since we do not know how long the road blockade ...
The Lithium Triangle (Spanish: Triángulo del Litio) is a region of the Andes that is rich in lithium reserves, encompassed by the borders of Argentina, Bolivia, and Chile. [1] The lithium in the triangle is concentrated in various salt pans that exist along the Atacama Desert and neighboring arid areas .
SANTIAGO (Reuters) -A protest by several hundred people in northern Chile on Wednesday blocked access to the Atacama salt flat, the world's largest lithium deposit, where domestic producer SQM and ...