Solid state lithium battery Chile

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.

Is lithium a critical energy resource in Chile?

The global and regional significance of lithium as a critical energy resource is examined. The evolution of Chile's lithium industry is analyzed, emphasizing two recent key policy initiatives: the 2015 National Lithium Commission report and the newly launched national lithium strategy. The salient features of these initiatives are outlined.

Why is lithium so popular in Chile?

Lithium has characteristics that make it technically superior: it is lighter, safer, and has a higher energy density. Chile is in pole position to supply lithium to the global market. It owns 36 percent of economically recoverable lithium reserves and accounts for about 26 percent of global production.

Is lithium a mineral in Chile?

In essence, lithium has a unique status in Chile, similar to hydrocarbons. Under Chilean law, lithium is considered a strategic mineral belonging to the state of Chile, and exploration and operations can only be carried out under special operation contracts (CEOL). 3.2. Companies exploiting lithium in the Salar de Atacama

Is a public-private model for Chile's lithium industry a good idea?

Chilean President Gabriel Boric announced on April 20 the creation of a public-private model for the country's lithium industry. "It's the best chance we have to move towards a sustainable and developed economy," Boric says on national television. Chile is the second biggest producer of the metal.

What happened to the lithium industry in Chile?

Thus, the state, through Corfo, withdrew its participation in these companies, retaining only the lease agreement for its mining properties. Currently, the primary players in Chile's lithium industry are SQM, accounting for approximately 65% of production, and Albemarle, holding 35%.