Reported 4 months ago
Chile's Finance Minister Mario Marcel expressed hope that the SQM and Codelco deal for a lithium partnership will be signed by the self-imposed deadline. The agreement is crucial for Chilean President Gabriel Boric's agenda to increase state control in key assets and boost lithium production. Despite obstacles from SQM's shareholders and lawmakers, the deal aims to enhance battery metal production for future supply assurance while transitioning away from fossil fuels.
Source: YAHOO