An article published today titled: Minister Marcel confirms...

An article published today titled: Minister Marcel confirms "space for private" in national lithium policy: "its not good to be a drifting ship"

talks about how the national lithium policy will start to get presented as early as next week. Below is the first part of the article that talks about the national lithium policy.

Although he mentioned that he could not advance much on the subject that will be presented in the coming weeks, the head of the Treasury emphasized that the idea that the projects are carried out in association with private companies is maintained. "China, the United States and Europe are disputing access to lithium. In this type of thing it is not good to be a ship adrift, you have to have partners," stressed the head of Teatinos 120, along with addressing the situation of Codelco and economic expectations for the coming year. Source: El Mostrador, December 20, 2022.

“Not everything will depend on the National Lithium Company. The Government will make a proposal, but Chile has to have a diverse industry. You can't play everything on one horse." Anticipating that there will be space for the private sector in the La Moneda initiative, the Minister of Finance, Mario Marcel, stated that the presentation of the national lithium policy will take place next week.

Although the head of the fiscal wallet did not delve into the content of the project that will address the exploitation of the mineral on national soil, he anticipated, in an interview with the Icare Economic Week program, that, together with the creation of the National Lithium Company, "There will be space for the private sector." And it is that Minister Marcel knows that the issue arouses international interest.

«The large economies of the world are disputing access to lithium points. China, the United States and Europe are fighting over access to lithium. In this type of thing it is not good to be a ship adrift, you have to have partners, “said the head of Teatinos 120.

It is worth mentioning that, in Chile, lithium reserves belong to the State and are mainly exploited by Sociedad Química y Minera (SQM) and the American company Albemarle.

Should be interesting times.. the national lithium policy is getting presented along with the creation of the National Lithium Company. We are perfectly positioned. GLHF