Chilean Mining Minister Laurence Golborne is looking into incentives to attract investors and businesses interested in lithium, a rare mineral relatively abundant in Chile.
Currently, Chile has the world’s largest lithium mining industry, exporting roughly US$ 300 million a year. Golborne is looking to increase that tenfold to US$ 3 billion in the next few decades. Chile has one of the world’s largest and most easily accessible lithium reserves, found in the brines underneath the Atacama Salt Flat in northern Chile.
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