Things are building about the Lithium industry in Chile! Since the BS over the CEOL's. The government and private sector have invested millions $$$ into this! The quick cost-effective around the law is to have the state owned mining company to start mining Lithium!
Now last year they said is was not profitable for them to mine Lithium. They sure have changed there mind after the Gov set out there plan?
And you are asking what the plan is????
Gov decides that if they control the market, they control the price! HOW CAN THEY DO THAT. Be the only company mining Lithium with no quoter!
Now, they don't to much good Lithium concessions right! So all these private companies are going to have to JV to them. These companies cannot mine and sell them selfs to the state owned company, so they have to let the state own company mine it on there behave. The only way around the law!!
Believe it! !!! The Gov cannot change the law, to costly,to much time!
ALL these companies now have a chance!
(IMO) Sometimes I'm to the point, and sometimes I'm out in left field. JMHO
