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Brines in the middle of Chile’s Salar de Atacama contain the world’s highest known concentrations of lithium and potassium. would have 15 working days to issue its opinion on Tianqi’s request.
CMF earlier this month said that a planned lithium joint venture between state-run Codelco and miner SQM would not need to face a vote by SQM shareholders as argued by Tianqi, which owns a fifth of SQM.The Codelco-SQM agreement is a major plank of the Chilean government’s aim to take a stronger role in lithium output, in a country that has only two producers, SQM and US-based Albemarle.
Oversupply from China and a softening of aggressive EV adoption rates has dragged lithium prices down more than 80% in the last year.Claimants for deadly Mariana dam collapse file injunction against BHP, ValeMexican President López Obrador announced his government's intent to negotiate with the Chinese lithium miner following its arbitration case over a disputed concession.
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