Chile Could be Open to Public-Private Partnerships for Lithium

Reuters reported that Chile is considering public-private partnerships for the development of lithium projects, although the state would keep control of the mineral. Chile is the second largest producer of lithium globally.

As quoted in the publication:

Development of lithium has been stunted by a constitutional ban on concessions. Companies are allowed to rent lithium-producing properties, but the mineral never belongs to the firm. Special contracts for lithium production, however, are legally permitted.

Click here to read the full Reuters article.