I will let this out of the hat. See if you agree..
"exploration" is closed to Foreign investors. Exploring is finding a place that had not been discovered/claimed by anyone.
From what I'm understanding the top 2 lithium players in Chile are SQM and Rockwood. SQM is based in Chile. Rockwood is based in DING DING DING - NEW JERSEY, USA. That is a foreigner, isn't it?
Foreign investors can't go into Chile and start sniffing for lithium. The bill to Chile Congress is to allow lithium "exploration." Existing lithium land could be purchase and mined from what I'm getting here. Rockwood help cushioned my understanding on this topic. Salt Gold Limitada land is an existing lithium property which could be sold to anyone
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