Chilean government to retain control of national lithium reserves

By Myles McCormick
Published: Tuesday, 26 January 2016

The mineral will remain a strategic asset for Chile under a new national policy, while state-owned copper giant Codelco will investigate the feasibility of putting out to tender its reserves in the Salares de Maricunga and Pedernales under a public-private partnership, with a partner expected to be confirmed by the end of the year.

The Chilean government will not franchise off its reserves of lithium, it was announced on Monday.

Unveiling the state’s "Policy for Lithium and the Governance of Salares", President Michelle Bachelet announced that, in line with the recommendations made last year by the National Lithium Commission, the battery mineral would remain a strategic asset...

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