Chile plans to nationalize its lithium industry

President Gabriel Boric revealed a plan to nationalize the country’s lithium industry at the presidential palace on April 20. The plan is set to increase the country’s wealth and link its economic development to a greener economy.

Along with the development of green hydrogen … This is the best chance we have to transit towards a sustainable and developed economy.

Lithium Triangle

Chile has one of the largest lithium reserves in the world. The country’s Atacama salt flat is part of the “Lithium Triangle,” an area that holds more than half of the world’s lithium reserves. The triangle is made up of parts of Argentina, Bolivia, and Chile.

Lithium is an element widely used in batteries.

We can’t afford to waste it. Our challenge is to transform our country to become the main producer of lithium in the world, enhancing its wealth and development.

.https://chiletoday.cl/chile-seeks-to-nationalize-lithium-industry-minimize-extraction-impact/