Launches a new National Strategy for Lithium
20 Apr 2023
On April 20, 2023, the President of Chile introduced a new National Strategy for Lithium, which includes the following key features:
The establishment of the National Lithium Company ("Empresa Nacional del Litio"), with the participation of the State throughout the entire lithium production cycle. Initially, the country's existing State-owned copper companies, Codelco and ENAMI, will play leading roles in this endeavor.
Promotion of public-private partnerships across the entire industrial cycle of lithium, starting from resource registration and mineral extraction to subsequent stages such as treatment, battery cell assembly, and recycling.
The State will retain a majority stake in projects deemed strategic for the country.
Emphasis on the adoption of new lithium extraction technologies that minimize environmental impact. The strategy also aims to create a network of protected salt flats, with a target of protecting 30% of these areas by 2030.
Active participation and involvement of local communities in all stages of lithium development in the country.
Emphasis on the development of the entire lithium value chain, including the creation of high-tech products.
Additionally, the National Lithium strategy includes the establishment of the Public Institute of Lithium and New Technologies.
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Type:
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Entry and establishment (Ownership and control, Approval and admission)
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Treatment and operation (Environmental regulations)
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Treatment and operation (Operational conditions)
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Industry:
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Primary (Mining and quarrying)
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Sources:
