Private mining and chemical company
Appears in 1 story · Last updated May 30, 2026
As of May 2026: Partner in Codelco lithium joint venture; future uncertain under new policy
Chile produces roughly a quarter of the world's copper and holds the largest lithium reserves on Earth. President Kast took office March 11, 2026, to reverse his predecessor's approach by scrapping plans for a national lithium company, opening the sector to broader private investment, and unlocking $105 billion in stalled mining projects.
Updated May 30
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