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.

Source: Yahoo!finance