LPI - The Next Lithium Producer in Chile, page-3180

The National Lithium Strategy presented by the President of Chile aims to capitalize on the country's large lithium reserves, with the goal of transitioning towards a sustainable and developed economy. Chile holds more than 30% of the global lithium market and has enormous potential with over 60 salt flats to be explored. The strategy includes five fundamental elements:

1. The State will participate in the entire production cycle of lithium by creating a national lithium company.

2. The strategy will be based on virtuous public-private collaboration for exploration, exploitation, and value addition.

3. New lithium extraction technologies will be implemented to minimize the impact on ecosystems, and a wage protection network will be established.

4. Communities surrounding mining operations will be involved, with a commitment to dialogue and collaboration.

5. The strategy will promote the generation of lithium products with added value.

The National Lithium Strategy is expected to create wealth for Chile, financing new infrastructure and improving the quality of life for its citizens. It will also focus on environmental conservation, indigenous peoples' participation, and technological development. The strategy aims to create a more prosperous, clean, and innovative Chile that fairly distributes wealth among its inhabitants, ultimately building a more dignified future for all.

Strong buy on private companies in Chile.