Chile’s lithium miner SQM warns plans could change as coronavirus hits demand

Chilean miner SQM said the coronavirus outbreak had yet to hit its lithium output, but warned it might have to scale back plans for 2020 if a slump continues in demand for the coveted battery metal. The world's No. 2 miner of lithium had planned to unleash at least $330 million in 2020 to expand production capacity out of Chile's Atacama salt flat, according to SQM board chairman Alberto Salas.

Hinicio and Hans Kulenkampff to accelerate hydrogen projects in Chile

Strategy consulting firm Hinicio is joining forces with entrepreneur Hans Kulenkampff to accelerate the development of hydrogen and energy transition projects in Chile. Both parties will jointly lead commercial developments nationwide, with the objective to quickly become the leading advisory team in hydrogen and the energy transition in Chile and Latin America.

Latam economies struggle with massive deficits from coronavirus shock

Latin America’s biggest economies, Brazil and Mexico, will likely struggle with increasing deficits this year as governments are forced to fight recessions sparked by the coronavirus pandemic, a Reuters poll showed. The economies of Colombia and Perú will likely fare much better, falling less than their big neighbours this year and picking up faster in 2021. Chile will probably make up for all the lost production, while Argentina just half of it.