Edison Lithium Corp (EDDY)

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Lithium in Chile and Argentina

Chile produces about 25% of the world’s lithium supply and sits on almost half of the world’s proven reserves. The country has historically been committed to mining at almost any cost, but a recent election of a new government there, combined with issues raised by indigenous populations regarding mining practices on or near their lands, has created an air of uncertainty in the country. In fact, the country is in the midst of rewriting its constitution and some of the central issues surround the influence of the country’s powerful mining industry.

Though mining in resource-rich Chile will undoubtedly remain, the regulatory landscape around the industry is in question.

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