Strategic Asset Leasing Inc (LEAS)

[RaptorU]

Chile will promote use of lithium
Santiago. - Chile will promote the use of lithium by special contract award in the exploration and extraction of gold. Framed in this purpose is planned for Wednesday in this capital the presentation of innovative technological projects developed in the country in relation to the strategic mineral, government sources announced. On the so-called Special Operating Contracts Lithium, Undersecretary of Mining, Paul Wagner, said they were aimed at enabling the exploitation of mineral in many places that "today is unable to do." "We lithium thousand 500 years mining experience," Wagner said yesterday. He said that the country has 50 salt lakes or closed basins, ports and logistics for exporting lithium, besides that "prices are rising." Chile leads the world lithium market with a share of 41 percent of global production. Also contains 25 percent of the reserves of the alkali metal throughout the world.


http://www.nuevagenda.cl/2012/02/08/chile-impulsara-explotacion-del-litio/