https://www.miningweekly.com
Copper|Mining|Projects|Operations
Copper|Mining|Projects|Operations
copper|mining|projects|operations

Chile wants to start lithium negotiations with Albemarle soon - Minister

31st May 2023

By: Reuters

  

Font size: - +

SANTIAGO - Chile hopes to start negotiations soon with Albemarle as part of the government's plan to gain majority control of lithium mining projects, Mining Minister Marcela Hernando said on Tuesday.

The plan was launched in April to acquire control of new strategic projects and the company's current operations in the Atacama.

"They (Albemarle) have only verbally stated that their interest is to start negotiations as soon as possible," Hernando told reporters after a presentation of a report on lithium price and production projections.

In a statement sent to Reuters, the minister clarified that state-owned copper miner Codelco had been assigned to handle the talks and that the government would respect the current contract which ends in 2043. Codelco recently started talks with SQM about its contract which expires in 2030.

"Although I would like it to be as soon as possible, what is clear is that the State will fully respect the current contracts and the negotiations to reach a public-private partnership will take place in a period close to the end of the contract in 2043," Hernando said.

Albemarle declined to comment.

Albemarle said earlier this month it was open to renegotiating its lithium contract in Chile before 2043, but planned to do so towards the end of its contract and would seek access to more deposits in the South American country.

Edited by Reuters

Comments

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/04/2024)
12th April 2024 By: Martin Creamer
Magazine round up | 12 April 2024
Magazine round up | 12 April 2024
12th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.074 0.108s - 108pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: