Can Chile Meet the Moment on Lithium?
The Boric administration’s lithium strategy, launched last year, has been met with some skepticism.
SANTIAGO—Chile is stuck in the slow lane on lithium. President Gabriel Boric’s administration is hoping a roadmap introduced one year ago will steer the mineral-rich country onto a faster course by encouraging investment without compromising social and environmental commitments. A few investors are eager to jump in. But with state companies mandated to control the most coveted assets and legal clouds on the horizon, others are wary. Lithium is among a handful of minerals critical for renewable energy and batteries used in electric vehicles, so Chile’s policy matters for the...
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