Chile is looking for a bigger share of the mining windfall to fund schools and hospitals; in Mexico, President Andrés Manuel López Obrador declared lithium too strategic for private investors
Gold is the biggest generator of US dollars within the country’s mining industry, and while big investments have been made, the sector falls short of its potential due to the weak peso and the economic crisis
The country’s federal mining council has expressed its opposition to a plan announced by lawmakers of the ruling Frente de Todos coalition that would make Argentina’s lithium resources property of the state
The soon-to-be chief executive of what will become the world’s third-biggest lithium producer says the new company will focus on building a supply chain in the Americas, as US automakers look for non-Chinese sources of the battery metal
Allkem and Livent, which operate in Argentina’s Catamarca and Jujuy provinces, will merge to create the world’s third-largest producer, with a valuation of $10.6 billion
Brazil, Chile and Argentina were the most promising countries for both deals and exploration for lithium, copper and rare earths, Fortescue CEO Fiona Hick says