Exclusive: Chile to start lithium talks with SQM by mid-year to boost state control

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Exclusive: Chile to start lithium talks with SQM by mid-year to boost state control
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Chile will start talks with SQM over its operations in the Atacama “this semester” to convince the world's No. 2 lithium mining company to sign onto a state-led public-private model, aiming to wrap up dialogue during the current government, the economy minister said on Monday.

"Regarding the conversations related to the Salar de Atacama, I want to be very clear on this, it is something that is going to be defined during this government," Grau said, adding that there are no concrete deadlines, but all actors are aware of the urgency involved. The next national election is scheduled for 2025.

Grau added that Codelco can start moving forward with establishing public-private partnerships with companies that have advanced explorations in the Maricunga salt flat. "It is reasonable to leave some space so that the concrete public-private structuring of each salt flat depends on the interest of each one," Grau said, adding that Boric noted that the government "control will be reserved for salt flats considered to be strategic.and is the second-largest producer globally, mainly produces the white metal from salt lakes, rather than from hard rock mines.

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