Chilean battery lithium battery

Where are Chile's lithium batteries coming from?

At the centre of the strategy is the jewel in Chile’s lithium crown, the Salar de Atacama salt flats in the north, where the battery material is extracted from brine through evaporation ponds. But the groups operating there have already begun looking further afield.

Does Chile need a lithium ion battery?

With alternative supply set to flourish in Australia, Canada, the US and Argentina, and uncertainty over the longevity of lithium’s boom as work proceeds on alternatives like sodium-ion batteries, the west’s need for Chile’s supplies is not assured.

Is Chile a good place to buy lithium?

Investors gained some clarity last week when the Chilean government released a 33-page document that expands upon its initial pledges with specific timelines and targets. Chile is currently the world’s second-largest producer of lithium, a critical mineral that is used in electric car batteries and key to the global green energy transition.

Will Chile nationalise its lithium industry?

Santiago | Chile’s President Gabriel Boric said on Thursday (Friday AEST) he would nationalise the country’s lithium industry, the world’s second-largest producer of the metal essential in electric vehicle batteries, to boost its economy and protect its environment.

What is Chile's new lithium strategy?

On April 20, the Chilean government announced its new lithium strategy, which plans to give control of the country’s lithium industry to the state.

Will Argentina's lithium sector outpace Chile's?

Argentina’s privatized lithium sector is currently on a much higher growth trajectory than Chile’s. A Chilean government estimate last month projected that Argentina’s national production would outpace Chile’s by 2035. The new leases promised in Chile’s lithium strategy aim to speed things up.