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
A Chilean congressional committee has recommended annulling the Codelco–SQM lithium partnership, citing lack of transparency, disproportionate profit distribution, and fiscal risks that could cost the state over US$11 billion. The decision intensifies scrutiny of Chile’s flagship lithium policy.
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.