The future of Chilean supplies of lithium, a key component in batteries, will partly depend on the actions of the newly installed government regarding extraction rights. New market entrant Lithium Power is confident on its continued access, and has just received an increase to its extraction rights at Maricunga. Chilean exports have increased 14% in the past three months, capped by a 19% surge in January. That’s been led by buyers in South Korea, who now have a 35% share vs. 28% a year earlier, at the expense of American and European buyers. The steady rise in export values per ton – a p...
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