ESG

Chile to nationalize lithium

In a televised announcement, Chile’s president Gabriel Boric said the government would nationalise the country's lithium industry and create a state company to do so.

Paul Harris in Santiago, Chile
 Chile's president Gabriel Boric

Chile's president Gabriel Boric

Boric said future lithium contracts would be public-private associations in which the state lithium company had control, while the existing contracts held by SQM and Albemarle would not be affected, although...

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