Lithium miners to compete for new licenses in Chile

Chile has attracted interest from both established producers and smaller exploration companies to enter the country as it prepares to offer new licenses in a bid to grow output. The country has been losing market share as new frontiers open up ahead of an expected tripling of demand for the key ingredient in rechargeable batteries. SQM & Albemarle Corp. are expanding but authorities are also inviting new players to enter other areas, such as other salt flats.

Chile restores capital lockdown despite rapid vaccinations

Chile has restored quarantine restrictions in the Santiago metropolitan region because of rising COVID-19 cases in spite of an expeditious vaccination drive. The new restrictions will take place at 5am on 13th March and will be reviewed at the end of the month to determine if there will be an extension, according to the health ministry. Around 4.5 million residents have been vaccinated to date, representing 23% of the population.