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Most of Chile's lithium reserves are in Salar de Atacama and Salar de Maricunga, [13] and all lithium extracted in Chile as of 2023 comes from Salar de Atacama. [15] The only two lithium-extracting companies currently operating in Chile, SQM and Albemarle , have licences to extract lithium until 2030 and 2043 respectively.
Chile's millennial president, Gabriel Boric, promised to mine differently. When Boric announced his ambitious plan in April to take state control over the country's lithium industry and expand ...
The protest underscored a serious challenge to a plan by Chile, the No. 2 lithium producer, to impose more state control over the metal needed for batteries used to power the world's growing ...
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.
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 ...
Since the 2010s, Antofagasta is a hub for lithium mining. [6] [7] Chile has the largest reserves of lithium worldwide and was the second largest producer in 2024, after Australia, and it is shipped from Antofagasta. [29] [30]
Saudi Arabia's mining minister plans to meet with his Chilean counterpart in Santiago at the end of July to discuss potential investments in lithium, a Chilean government source said on Friday.
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 .