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    lithium investing

    Chile’s Bachelet Says She’ll Study Lithium Mining

    Written by Investing News Network
    |
    Oct. 30, 2013 12:09PM PST

    Michelle Bachelet, the former president of Chile and the frontrunner in the country’s upcoming election, said she will set up a committee to study lithium mining if elected, BN Americas reported.

    Michelle Bachelet, the former president of Chile and the frontrunner in the country’s upcoming election, said she will set up a committee to study lithium mining if elected, BN Americas reported.

    As quoted in the market news:

    In the section of the program related to the mining sector, the former president (2006-10) recognized the importance of the sector to the country’s economy, accounting for 13% of the national GDP. “The importance of mining to our economy allows us to remain as the main and most efficient copper producer worldwide.”

    “We will create a high-level technical committee that will propose a national lithium policy that will take these factors and others into account for efficient and effective exploitation of this resource, which will allow for optimal profitability from it for the country,” the program reads.

    Click here for the full article on BN Americas

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    SAGA Metals Drills 495.6 m at 37.86% Fe2O3, 5.51% TiO2, 0.273% V2O5 Including 68.2 m at 52.95% Fe2O3, 8.57% TiO2, 0.381% V2O5 at Radar Critical Minerals Project in Labrador

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