AVZ Peer Transparency, page-114

Exclusive
Lithium firms depleting vital water supplies in Chile, analysis suggests

By Ben Heubl

Published Wednesday, August 21, 2019



Evidence uncovered by E&T appears to show that lithium-mining company SQM is playing a direct role in damaging the local environment in Chile’s Atacama salt flats, as its activities reduce water levels in an already dry region, with severe effects on local communities, protected lagoons and areas of alluvial muds.


As worldwide battery demand is expected to triple and reach a value of $100bn by 2025, failing to boost lithium supply could make or break the global electric vehicle supply chain and jeopardise global climate efforts, a new investigation by E&T finds.

To ensure supply, lithium mining must increase or otherwise a deficit may harm progress, warn experts. Most of the world’s lithium production takes place in South America, where 70 per cent of global reserves are concentrated. Chile, accounting for 38 per cent of the production, is in a difficult spot. Firms are doing their best to exploit reserves, but environmental concerns increasingly challenge their endeavours.

Since the lithium rush started, corporations like Sociedad Química y Minera de Chile (SQM), a multibillion-dollar Chilean chemical company, as well as US-headquartered Albemarle Corporation, bet on one effective way to extract lithium from the Atacama salt flats: lithium extraction from brine.
https://eandt.theiet.org/content/ar...r-supplies-in-chile-according-to-et-analysis/