Chile's state-owned mining giant forms lithium extraction alliance

Santiago (AFP) Dec 28, 2023

Chile's state-owned Codelco mining company, the world's top copper producer, on Wednesday announced an "unprecedented" alliance with private mining giant SQM, aiming to nearly double lithium extraction in the Atacama desert. The companies will partner from 2025 to 2060, working in the desert to extract 300,000 tons per year of lithium, used to manufacture electric car batteries, as well as t