Chile’s lithium exporters face increasing competition from new supplies in Brazil and the U.S. The latter is part of a concerted push by the U.S. government to increase the security of the electric vehicle supply chain. Chilean exports have stalled with a 2.8% contraction year over year in January following a 10.2% increase in 2018. There’s also been significant competition for resources with South Korean buyers’ imports from Chile surging 37.3% year over year in January. Increased output from other countries may lead SQM – which accounted for 63.9% of Chile...
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