Boric Hails Lithium Strategy as “Historic Milestone” for Chile’s Future
President Boric called Chile’s National Lithium Strategy a historic milestone, positioning Codelco to lead lithium production in the Salar de Atacama.
President Boric called Chile’s National Lithium Strategy a historic milestone, positioning Codelco to lead lithium production in the Salar de Atacama.
Published: May 29, 2025 | By: Minener.com Staff Canadian mining company Wealth Minerals has announced it will transfer a 5% ownership stake in its Kuska lithium carbonate project to the Indigenous community of Ollagüe in Chile’s Antofagasta region. The agreement also grants the community the right to appoint one of the five members of the
Codelco and Rio Tinto will jointly develop a lithium project in Chile’s Salar de Maricunga, with investments of up to $900 million and a shared vision to deploy sustainable direct lithium extraction technologies.
Despite high-level optimism, the SQM-Codelco lithium partnership faces major hurdles, including regulatory scrutiny over potassium offtake and potential legal actions from Chilean stakeholders.
Chile is positioning itself in the global rare earth market with regolith-hosted deposits like the Penco Module. Backed by sustainable practices and growing demand for critical minerals, the country could become a key player in the clean energy supply chain.
China’s CATL launches sodium-ion batteries, signaling a strategic shift away from lithium and posing long-term challenges for Chile’s mining sector.
Chile’s Mining Minister Aurora Williams opened Expomin 2025 by highlighting the country’s $83 billion investment pipeline and its leadership in mining innovation and sustainability. The event positions Chile as a global benchmark for a future-facing, collaborative, and technologically advanced mining industry.
Chile’s Codelco and SQM launch a landmark lithium joint venture in the Salar de Atacama, combining state control with private expertise. The deal boosts Chile’s global lithium leadership while prioritizing sustainability, indigenous rights, and long-term revenue.
Chile’s competition authority (FNE) has approved the strategic joint venture between Codelco and SQM for lithium extraction in the Salar de Atacama. This milestone clears a key regulatory hurdle and brings the alliance one step closer to becoming a major force in the global lithium supply chain.
Expomin 2025 opens in Santiago with over 1,300 exhibitors and a landmark carbon-neutral certification, setting new goals for sustainability, innovation, and industry-academic collaboration in Latin America’s premier mining fair.