Business Insights: Lithium Market Dynamics

Unlocking opportunity in Chile’s lithium future

“The Ministry is currently working on a National Lithium Strategy, looking over broad areas of action to seek an environmental and social balance. The strategy not only explores developing more mines, but also studies wages and how we can add value through institutions like CORFO.”

Aurora Williams, Minister of Mines, Government of Chile

“Chile has been cautious but is steadily embracing DLE technology. Our early years there were spent building trust with mining companies and proving our technology’s reliability. Now, most lithium miners in Chile are considering using DLE technology in their future operations.”

Amanda Hall, CEO, Summit Nanotech

“We are very excited about the opportunities the National Lithium Strategy presents for us as a company, as it is the first time in two decades that there is an opportunity for junior companies and new entrants to access Chile’s lithium market.”

Ignacio Mehech, CEO CleanTech Lithium

“We view the government’s lithium strategy as a positive step toward securing Chile’s leadership in this sector. However, we also recognize that permitting processes must be modernized to accelerate development across the broader mining and infrastructure landscape in Chile.”

Kathy Uribe, Senior Director and Head of External Affairs, Albemarle Chile

Background image courtesy of SQM

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Interview: Albemarle Chile