Chile wants new operational lithium projects

High level meeting

During the meeting with U.S. Treasury Secretary Janet Yellen, Mario Marcel, Chile’s Minister of Finance, has expressed that Chile wants to have three or four new lithium projects operational by 2026.

Currently, there are two producers of lithium in Chile Albemarle Corporation and SQM. The new perspective investors are waiting for the national lithium strategy which considers the salt flats. The strategy is currently under development by Gabriel Boric’s government.

During the meeting, Janet Yellen stated that tight cooperation would benefit both countries, especially on the subject of improved energy security, and achieving key climate goals.

Chile is considered to be the world’s largest producer of copper and the second-largest producer of lithium. Last year it initiated a policy whose main goal is to increase control over strategic metals in the EVs industry.

InvestChile

One of the biggest opportunities for discussion and networking will be the 7th International InvestChile Forum which will take place from the 15-17th of May in Santiago de Chile. The sector-specific workshop will host breakout sessions for foreign investors with projects in strategic sectors for the global green economy: Tech & digital infrastructure, Clean energy storage, Lithium industry, and Infrastructure concessions. The event will seek investors in clean energy storage, tech and digital infrastructure, the lithium industry, and infrastructure concessions. The high-level speakers represent the executives and local authorities among others: Gabriel Boric the President of Chile, @Nicolas Grau the Minister of Economy, Development and Tourism, (Ministerio de Economía, Fomento y Turismo) Karla Flores from InvestChile, Mario Marcel Minister of Finance(Ministry of Finance – Chile), @Aurora Williams Minister of Mining (Ministerio de Minería), José Miguel Benavente from CORFO | Chilean Economic Development Agency, Iván Mlynarz Puig from ENAMI Empresa Nacional de Minería, and William Maloney from Latin America and the Caribbean The World Bank will be the main characters of this Event.

Event details

We encourage all representatives, especially from the lithium industry to participate in this event. All details can be found at the InvestCile official website. Registration is open up to the 15th of March.