Edition
IN
English
Weather

TOI

Trending

Chilean government announces lithium extraction plan

| Apr 21, 2023, 10:58:10 PM | AP
  • Share
Chilean President Gabriel Boric on Thursday announced his government's plan for a national lithium policy he said would be based on an alliance with the private sector. Chile has the third largest lithium reserves in the world with 9.6 million tons; behind only Argentina, with 19.3 million and Bolivia, with 21 million tons, according to the United States Geological Survey. Last year Chile was the second biggest world producer with an estimated 39,000 metric tons, after Australia, with 61,000 tons. So far the private sector is the only sector in Chile that exploits the mineral, which has a high international demand and is used in the production of items such as electrical batteries. Boric said the Chilean State will participate in the entire lithium production cycle by virtue of a public-private collaboration, in which "the State will have control.” He said any organisation that wanted to take part in the production cycle would need to partner with the state. "Our challenge is for our country to become the main lithium producer in the world,” Boric said as he outlined the plans. Boric also indicated a proposal to create a National Lithium Company would require approval by an absolute majority of the deputies and senators in Congress. The bill is expected to be sent to the legislature this year.

Top Viral Videos

Short Videos

Explore Every Corner
Across The Globe
Israel Iran WarHaryana Woman MurderShahid AfridiMohammad AmirCristiano RonaldoRinku SinghRohit SharmaIndia Post GDS ResultAP SSC Hall TicketAbu Dhabi airport newsIND vs ENG Live StreamingMiddle East ConflictIran EarthquakeBengaluru Techie SuicideHyderabad Family SuicideBengaluru MurderVTU ResultWhat time Lunar Eclipse VisibleUS Israel School StrikeIran Israel ConflictUS Israel Iran WarUPSC CSE Final ResultSouth Africa vs New ZealandFlights cancellationBengaluru Hosur Road TrafficUS Strike IranMiddle East AdvisoryChandra Graham 2026India vs China Oil ReserveT20 World Cup 2026 Schedule
Living and Entertainment
CricbuzzLifestyleNewspaper SubscriptionFood NewsTVTimes PrimeTravel DestinationsWhats HotETimesTimes LifeTimes PetsMyLifeXP
Services
CouponDuniaTechGigTimesJobsBollywood NewsTimes MobileGadgetsTimes EventsWork with UsColombiaTOI Global
Trending Topics
GPAT Admit CardUP Board Marks ImprovementOSSC CHSL NotificationMIT AI CoursesPakistan Cricket TeamAiden MarkramSouth Africa Cricket TeamNIOS Date SheetYIL Apprentice RecruitmentNeeraj PhogatCUET PG Admit CardAP SSC Hall TicketT20 World Cup Semi Final UmpiresGurgaon Faridabad Noida CorridorMiddle East CrisisHyderabad suicidePakistan Strike AfghanistanRainbow Six Siege Operation Silent Hunt Start TimeAbu Dhabi-Bengaluru flightAhmedabad college hostelBengaluru suicideSaudi Aramco oil refineryUndertaker net worthGeorge Kittle net worthCardi BJeff PassanNHL Injury UpdateWilliam NylanderNazem KadriOdisha reward schemeIntel Ceo Lip Bu TaniQoo 15RNintendo Indie World ShowcaseApple Macbook Air M5iPhone 17eElon MuskTikTok DownHoli Captions For InstagramApple iPad Air M4How to watch ICC T20 World Cup 2026 in USAHow to watch ICC T20 World Cup 2026 in CanadaHow to watch T20 World Cup online in India
Latest News
Tehsildar loses slippers near temple, lodges complaint to flag ‘rise in theft’ in Madhya PradeshAfter All England, Swiss Open in doubt for PV Sindhu; BWF waives $5,000 penalty for Birmingham no-showHow Delhi cricket’s rejection shaped Sanju Samson’s resilienceNFL Trade Rumors: Chiefs face defining Trent McDuffie decision as Los Angeles Rams monitor All-Pro CBA UP village with Khomeini roots mourns KhameneiInstinct over data: Inside India’s tactical shift at T20 World Cup 2026“It went viral”: JJ Redick clears the air after courtside exchange with Luka Doncic that fueled feud speculationWhen Shahid Kapoor confessed he fell in love with every girl he metMiddle East on boil: Will US oil firms benefit from the heat?Nicole Kidman opens up about surprising pay for viral adBarcelona beat Atletico, but fall short of Copa del Rey finalUrvashi Dholakia on raising her twins as a single mother and sending them to boarding school; says, “It wasn’t my decision”March 04, 2026, Birthday Forecast: Discover what the next 12 months hold for youOh tulips: Reel-ing, nostalgia & the politics of urban aesthetics“More attention to her phone” - Fans go crazy as WNBA star Angel Reese’s clip attending Julian Reese’s second NBA career game goes viralChange can be unsettling, but it was my greatest teacherEddie Vedder recalls his memorable horseback ride with Bruce Springsteen: 'I was trying not to act terrified'16-year-old girl held captive for 5 hours, gang-raped; recorded act, blackmailed to make video public
Copyright © 2026 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service