Economy Politics Country 2025-12-28T10:09:25+00:00

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.


Codelco and SQM Create Lithium Giant in Chile

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'.