What is Chile's new lithium strategy?
On April 20, the Chilean government announced its new lithium strategy, which plans to give control of the country’s lithium industry to the state.
Will lithium-ion batteries be a backup to Chile's lithium supply?
Any setback to Chile’s lithium supply would add to that supply deficit and to costs. Alternative technologies, such as sodium-ion batteries, are in the early stages of development and will probably remain a backup to lithium-ion batteries.
Which Chilean centers are focusing on developing lithium technologies?
Another Chilean center focused on developing lithium technologies is the Advanced Mining Technology Center (AMTC), located at the University of Chile. Research has been focused on new sustainable technologies for lithium brine processing and direct LiOH production.
Is lithium a critical energy resource in Chile?
The global and regional significance of lithium as a critical energy resource is examined. The evolution of Chile's lithium industry is analyzed, emphasizing two recent key policy initiatives: the 2015 National Lithium Commission report and the newly launched national lithium strategy. The salient features of these initiatives are outlined.
Who owns the lithium industry in Chile?
Currently, the primary players in Chile's lithium industry are SQM, accounting for approximately 65% of production, and Albemarle, holding 35%. Both companies operate in the Salar de Atacama, where they control 34% of the world's lithium supply, equivalent to approximately 44 000 tons.
How can Chile improve the lithium industry?
Just as important are measures to help Chile create an ecosystem in which more value is added to its lithium industry, specifically technology transfer and worker training in areas like LFP cathode manufacturing. In 2015, the size of the lithium market was forecast at just $8–10 billion by 2020.
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On April 20, the Chilean government announced its new lithium strategy, which plans to give control of the country''s lithium industry to the state. While Chile''s decision is fueling much debate and commentary, this article …
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