National Lithium Strategy

The National Lithium Strategy (Spanish: Estrategia Nacional del Litio) is a policy of the Chilean state aimed to develop lithium extraction –of which Chile currently ranks second in the world– "to increase wealth for the country" and to link "Chile's economic development with the shift towards a global green economy".[1][2] The policy aims to create the following entities, the state-owned mining company National Lithium Company, the Protected Salt Flats Network and the Public Technological and Research Institute of Lithium and Salt Flats.[1] The National Lithium Company and the Chilean Economic Development Agency (CORFO) will join to form the Committee on Lithium and Salt Flats.[1] Among its goals is the diversification of the Chilean economy and of the players in it.[3] The policy also aims to achieve social and economic sustainability in the lithium, and in particular fiscal sustainability.[3]

This policy was announced in 2023 by President Gabriel Boric and has been described by OLCA as supporting a frenzied exploitation of lithium resources.[4]

The aim to create a National Lithium Company has been dropped as of 2025,[4] and the National Lithium Strategy has instead directed the creation of the following public–private lithium mining partnerships; Nova Andino Litio (Codelco & SQM),[5] Salares Altoandinos (National Mining Enterprise & Rio Tinto)[6] and Salar de Maricunga (Codelco & Rio Tinto).

See also

References

  1. ^ a b c "National Lithium Strategy". Gob.cl. Retrieved 2025-08-03.
  2. ^ USGS Lithium Production Statistics
  3. ^ a b "National Lithium Strategy". International Energy Agency. 2025-05-12. Retrieved 2026-03-05.
  4. ^ a b Arrollo Olea, Javier (2025-04-20). "Dos años de la Estrategia Nacional del Litio: de la renuncia a la Empresa Nacional al "conocer para explotar"". Diario UChile (in Spanish). Retrieved 2026-03-09.
  5. ^ "NovaAndino Litio: Se crea la empresa público-privada para la producción del litio en el Salar de Atacama". Gob.cl (in Spanish). 2025-12-30. Retrieved 2026-03-04.
  6. ^ "Primer Contrato de la Estrategia Nacional del Litio recibe aprobación definitiva de Contraloría para su operación en Atacama". Revista Nueva Minería y Energía (in Spanish). 2026-02-06. Retrieved 2026-03-05.
This article is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.