Chilean firms partner to form giant company to exploit lithium | Hindustan Times
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Chilean firms partner to form giant company to exploit lithium

Chilean firms partner to form giant company to exploit lithium

Chile's Codelco and private miner SQM are forming a significant partnership, Nova Andino Litio SpA, to exploit lithium in the Atacama salt flat, aiming to boost production by 300,000 tons annually. This joint venture, approved by numerous regulators, supports Chile's National Lithium Strategy to regain its position as a leading lithium producer, with substantial state revenue benefits.

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