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Chile expects an “ambitious investment process” in the industry lithium between 2025 and 2030 and is already in talks with foreign private companies interested in developing minerals in the country, he said this Friday. EFE director of the state agency for attracting foreign investment InvestChile Carla Flores.
Over the past four months, InvestChile has met with 46 investors from 12 different countries, including Germany, Argentina, Australia, Canada, China, South Korea, the US, France and Japan.
“They are all big lithium mining and manufacturing companies, and some of them are in battery development,” Flores said a week after President Gabriel Boric announced on national television his strategy to use one of the most coveted raw materials. , in the world for its massive use in electric batteries
Chile, the country with the world’s most exploited reserves, is the second largest producer in the world after Australia, but Argentina could strengthen its position and outpace them in the coming years.
According to the Central Bank, in 2022, lithium carbonate was sold abroad for $7.763 million, which is 777% more than in 2021. By this measure, lithium carbonate has surpassed salmon, iron and cherries in the Chilean export basket.
“Investment decisions will be announced by Chilean private and public companies as they see fit,” Flores added.
Plan of Gabriel Borich
Borik announced last week a plan to make the state the main promoter and controller of lithium through a public-private model and the creation of a national company.
“This strategy opens up space for a public-private alliance across the entire value chain, allowing us to access cutting-edge technological developments currently taking place outside of our country to jointly enhance our ability to innovate and knowledge. -environmentally sustainable development of the industry”.
Although in Chile there are more than 50 salt marshes, only one is currently in operation, the Salar de Atacama, the largest in Chile and third place in the world, which contains 90% of the country’s lithium reserves.
Today, there are only two companies responsible for the development of Chilean lithium: Sociedad Química y Minera SQM, controlled by the Chinese company Tianqi and the son-in-law of former dictator Augusto Pinochet (1973-1990), Julio Ponce Leroux; and American Albemarle.
In 2022, the state received more than $5 billion for the development of this mineral, which, according to official data, is equivalent to 1.6% of GDP.
(EFE)
Source: RPP
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