Chile wants to have three or four new lithium projects operational by 2026, the country’s Minister of Finance Mario Marcel said on Saturday.
Marcel spoke following a meeting with U.S. Treasury Secretary Janet Yellen, who has been touring the country. There are currently only two producers of lithium in Chile – Albemarle ALB.N and SQM SQMA.SN – with investors still waiting for the left-wing government of President Gabriel Boric to define its national lithium strategy as it seeks public-private partnerships to develop its lithium salt flats.
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