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inside2020

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29/04/23

02:32

Post #: 67519492
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Originally posted by FreeflyerNZ: ↑

New article out - Reuters.

"The plan relies on negotiations with lithium producers, public-private partnerships with technology companies, tense negotiations with political rivals, and the creation of a national lithium company, all of which could take years to accomplish, analysts said."

"Chile's divided Congress, for example, has already stonewalled much of Boric's progressive agenda, and the government would need support from opposition parties."

"Center for Copper Studies (Cesco), adding that creating the national lithium company is "the most complicated" element of the plan since it requires legislative support."

"Outside the Atacama, the government said it would take a controlling stake in "strategic" salt flats, but has yet to define that also."

- Maricunga

"Maybe Albemarle or SQM can negotiate a shareholders agreement that could work," said Juan Carlos Guajardo, head of Plusmining consulting in Santiago, but added he finds it hard to imagine that smaller companies would want to provide capital for projects on which the state makes the final decisions."

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LPI Price at posting: 32.0¢ Sentiment: Hold Disclosure: Held
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