Thursday, November 04, 2021 10:19:43 PM
Since October 13, 2021, the bidding rules for an upcoming lithium tender have been available for purchase. Chile will award five quotas of 80,000 tonnes each for the exploration and production of lithium in Chile.
Companies can be awarded a maximum of 2 quotas for a total of 160,000 tons. Companies that secure permits will have seven years to explore and develop projects which can be extended for another two years if needed. This will be followed by 20 years of production
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