Chile's state-owned copper company Codelco announced on Saturday an alliance with the private mining company SQM, backed by Chinese capital, to create a giant for extracting lithium, also known as 'white gold'.
Codelco and SQM Create Lithium Giant in Chile
Chile's Codelco announced an alliance with SQM to mine lithium. This partnership, backed by Chinese capital, aims to create a major player in the 'white gold' market.