TSXV:LITH - Post Discussion
Post by
Bandmanblues on Oct 15, 2021 9:18am
Some pretty good news
Chile launches lithium auction to rev up stalled production
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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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