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Most of Chile's lithium reserves are in Salar de Atacama and Salar de Maricunga, [14] and all lithium extracted in Chile as of 2023 comes from Salar de Atacama. [16] The only two lithium-extracting companies currently operating in Chile, SQM and Albemarle, have licences to extract lithium until 2030 and 2043 respectively.
Sociedad Química y Minera de Chile (SQM) is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium and industrial chemicals. It is the world's biggest lithium producer. It is the world's biggest lithium producer.
Australia accounted for 52% of global lithium production in 2021 and was the #1 lithium mining country in the world. Chile ranked #2 with its 24.5% share followed by China's 13.2% share ...
All lithium extracted in Chile as of 2023 comes from Salar de Atacama. [19] The only two lithium-extracting companies currently operating in Chile, SQM and Albemarle, have licenses to extract lithium until 2030 and 2043 respectively. [19] [20] In April 2023, the Chilean government announced plans for nationalizing its lithium industry. [21]
Stock. Price. Market Cap. Albemarle. $115. $13.509 billion. Sociedad Química y Minera de Chile. $45.43. $12.977 billion. Lithium Americas. $3.04. $660.197 million
Chile had lured the companies with an enticing offer. In exchange for helping the South American country, the world's No. 2 miner of lithium, jumpstart its own EV battery industry, the firms would ...
Chile is today one of South America's most stable and prosperous nations. [1] It leads Latin American nations in rankings of human development, competitiveness, income per capita, globalization, state of peace, economic freedom, and low perception of corruption. [2]
Recent estimates from McKinsey suggest a global demand of around 3 million metric tons of lithium carbonate equivalent (LCE) in 2030. In contrast, the total global LCE output for 2021 amounted to