Chile's Codelco Aiming for 2030 Production at Maricunga Lithium Site

Reported 6 months ago

Chile's state-run miner Codelco is targeting production for the Maricunga lithium site by 2030, with plans for a phased construction starting in 2027 and initial capital costs of $1.2 billion. Rothschild & Co is assessing partnership candidates for the project, named 'Project Paloma,' with potential DLE technology use also considered. Codelco is seeking a partner with financial backing and lithium expertise, welcoming interest from international firms as Chile aims to strengthen its position as a leading lithium producer.

Source: YAHOO

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