Chile to control lithium mines
25 Apr 2023
Chilean President Gabriel Boric in a televised national address announced on Thursday plans to nationalise the lithium industry in a bid to boost the country’s economy and protect the environment. Lithium is the key mineral for the batteries that will run the electric vehicles (EVs), the future of global automotive industry, and therefore it becomes a key element in future economic development and rivalries because the countries that have deposits of lithium will call the shots.