The world's second-largest lithium producer, Chile, plans to nationalize the lithium extraction industry, Chilean President Gabriel Boric said this week, adding that future contracts would be given only to public-private partnerships with state control. The announcement sent shares in the world's biggest lithium producers, Albemarle Corporation and SQM, tumbling on Thursday and early Friday.
Chile produces lithium from brine, similar to the production in Argentina and China. The world's top lithium supplier, Australia, produces lithium…Chile Plans To Nationalize Lithium Extraction Industry
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