Articles for tag: Chile, companies, flats, lithium, opens, private, salt

Unlocking Chile’s Potential: A New Era of Lithium Exploration

The Chilean government has announced plans to open 26 lithium salt flats to private companies, initiating a tender process in April that is slated to conclude by July. The initiative is expected to result in the development of three to four new projects by 2026. Among these, the Atacama and Maricunga salt flats, deemed strategically important and currently under state-controlled partnerships, hold a collective lithium potential of 10.8 million tonnes, representing a significant portion of global reserves at 64%. According to mineral expert José Cabello of consulting firm Mineralium, an additional 3.3 million tonnes of lithium could be unlocked from