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 company. The Company is engaged principally in the acquisition, advancement and development of mineral properties in Chile and Argentina. The Company has a property portfolio consisting of 11 properties encompassing 106,136 hectares in Chile together with 29,245 hectares on the Salar de Arizaro in Argentina. The Company also owns... see more

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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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