INTERVIEW: Lithium tightness to stay while Chile sets regulatory framework, says Wealth Minerals exec
Published: Thursday, 04 January 2018
The current tightness in the lithium market is set to remain for up to a decade due to delays in securing the appropriate regulatory framework in Chile, a senior executive at Canada-based junior mining firm Wealth Minerals said.
Demand for lithium has skyrocketed in recent months
following a boost to demand for the batteries used in electric
vehicles. But Chile, which has the world’s second
largest lithium reserves, currently places the material in the
same category as uranium and is yet to approve rules governing
investment, according to...