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Bullboard - Stock Discussion Forum Lithium Chile Inc V.LITH

Alternate Symbol(s):  LTMCF

Metals & Mining Industrial Metals & Minerals
Lithium Chile Inc. (Lithium Chile) is a Canada-based exploration and lithium resource company, which is engaged in the acquisition and development of mining properties in Chile and Argentina. The Company has portfolios in the junior mining sector with properties on approximately 13 lithium-rich salars, comprising of 111,978 hectares in Chile and 20,800 hectares in Argentina. The Company also... see more

TSXV:LITH - Post Discussion

Lithium Chile Inc > Some pretty good news
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Post by Bandmanblues on Oct 15, 2021 9:18am

Some pretty good news

Chile launches lithium auction to rev up stalled production

Reuters
Fabian Cambero
Oct 14, 2021  •  18 hours ago  •  2 minute read  •   Join the conversation

SANTIAGO — Chile has launched an auction process to award special operating contracts to explore and produce 400,000 tons of electric battery metal lithium, the mining ministry said late on Wednesday, a move to bolster production and meet global demand.

The move comes as the Andean country, which sits on South America’s so-called “lithium triangle” and is one of the world’s top producers of the metal, looks to accelerate development of new projects, which have stalled in recent years.

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