INTERVIEW: Lithium tightness to stay while Chile sets regulatory framework, says Wealth Minerals exec

By IM Staff
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...

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