Chile has designated six more sites where private companies are eligible to extract lithium, adding to six previously announced, the mining ministry said on Thursday.
The additional six zones are “composed of deposits of great interest for the development of lithium and other mineral exploration and exploitation projects,” the ministry said in a statement. They are located mostly in the Antogafasta, region, as well as the Tarapaca region, both in the north of Chile.
To win government approval, private companies must have experience in the lithium value chain, adequate financial resources, and hold at least 80% of the mining concessions in the proposed project area.
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