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Chile’s Government Looks To Expand Lithium Market
July 11, 2011

‘Annual potential of up to US$ 3 billion in the next few decades’


[Atacama Salt Flat, Mike Mellinger, Flickr]
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.


The Santiago Times – English Language Newspaper in Santiago, Chile –
News in Chile and Latin America – Home

courtesy of Dnix!