Politics
SQM-Codelco Venture Maps Path to Higher Lithium Output in Chile
Key Points
SQM-Codelco Venture Maps Path to Higher Lithium Output in Chile Chilean mining companies SQM and Codelco are paving the way to boost output at their sprawling lithium partnership by more than 70%, in a long-term bet on battery demand. In an environmental impact study for a $3 billion overhaul of its operations, the Novandino venture said it’s targeting as much as 470,000 metric tons of annual production. That compares with guidance for this year of roughly 270,000 tons.
SQM-Codelco Venture Maps Path to Higher Lithium Output in Chile
Chilean mining companies SQM and Codelco are paving the way to boost output at their sprawling lithium partnership by more than 70%, in a long-term bet on battery demand.
In an environmental impact study for a $3 billion overhaul of its operations, the Novandino venture said it’s targeting as much as 470,000 metric tons of annual production. That compares with guidance for this year of roughly 270,000 tons. The company didn’t say when it would reach the new target.