LI3 Energy Inc (fka LIEG)

[Dr_Vonschellan]

Rational_gringos_struggle_to_understand_why_Chile classifies_Lithium strategic metal
El Mucho Top Gringo Bloomberg writes:
The Chilean Nuclear Energy Commission, or CCHEN by its Spanish initials, authorizes lithium quotas and exports in a throwback to a 1979 decision to declare lithium “strategic” because it was thought to be a key element in nuclear processes.
While that’s no longer the case, the government has no plans to remove CCHEN from lithium permitting even as authorities work on a new code for an industry struggling to keep up with growing demand from rechargeable batteries. More investor-friendly rules in Argentina have lured some interest away from Chile. Click Here.

But of course lithium in Chile still needs to be classified as a sacred-cow strategic metal key to restricting atomic explosions and thereby total destruction of Chile by nuclear annihilation... plus how else can the fat cat corrupt politicians pretend overseeing/running CCHEN get their under-the-table kickbacks from permit-seeking lithium miners to pay for their million dollar seaside vacation mansions and lavish trips to the French Rivera or Turkey? CCHEN is as useful as a mammary gland on a bull.

The Doctor