October 14, 2021 |
Chile's Ministry of Mining said Wednesday that it has launched a tender for local and international companies to explore and produce a total of 400,000 metric tons of new lithium resources, what will likely boost demand for financing to develop the deposits to feed rising demand for use in electric vehicles.
The ministry said it will offer five special operation contracts, each for producing and selling 80,000 metric tons of the silvery-white metal. The exploration contracts will be for seven ye
Government seeks bidders to develop 400,000 mt of lithium as demand rises for use in electric vehicles