Chilean President Announces Plan to Slowly Nationalize Lithium Industry

Friday that resource nationalism is “all the rage” in the “Global South and North albeit from very distinct geoeconomic positions. But there’s more to this.”

“Evidence from Latin America’s Pink Tide era shows such partnerships can increase state revenues, which can fund social services and public infrastructure. But whether tech transfer and value chain upgrading occur is an open question,” she said. “Boric flags both as crucial to his vision.

But these goals are in tension with his other key goal, which is to vastly expand lithium extraction in Chile’s deserts as well as restore Chile to the position of top producer, a status now occupied by Australia .

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Chile's Boric announces plan to nationalize lithium industryChilean President Gabriel Boric said on Thursday he would nationalize the country's lithium industry and create a separate state-owned company to produce the metal used to make electric vehicle batteries.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »