Chile promotes public bids to find new lithium producers to maintain global position

According to a report carried out by ECLAC, by 2030, China should become the second-largest lithium producer, moving Chile down to third place. Australia had previously surpassed Chile as the largest producer.

RIO DE JANEIRO, BRAZIL  - The global competition for lithium extraction is gaining strength, and Chile is reacting in order not to continue losing ground. The Ministry of Mining has launched a national and international public tender for special operating contracts to explore, exploit, and beneficiate lithium deposits.

The tender considers 400,000 tons of marketable metallic lithium, divided into five individual quotas of 80,000 tons. According to the publication in the Official Gazette, each bidder may only be awarded a maximum of two percentages.

Thus, no bidder may be granted the right to exploit more than 160,000 tons . . .

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