Chile moves to fast-track new lithium deals

Mining02-26

Chile’s mining ministry will submit five new lithium contracts to the national comptroller in March, just days before President Gabriel Boric leaves office, as it pushes to expand production under the...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2614262680?lang=en_US&edition=fundamental","thumbnail":"https://www.mining.com/wp-content/uploads/2026/02/sqm-lithium-pond-workers.png","is_english":true,"pubTime":"2026-02-26 03:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2614262680","market":"fut","top_or_hot":-1,"title":"Chile moves to fast-track new lithium deals","media":"Mining","content":"<div>\n<p>Chile’s mining ministry will submit five new lithium contracts to the national comptroller in March, just days before President Gabriel Boric leaves office, as it pushes to expand production under the...</p>\n\n<a href=\"https://www.mining.com/chile-moves-to-fast-track-new-lithium-deals/\">Source Link</a>\n\n</div>\n","source":"mining_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chile moves to fast-track new lithium deals</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChile moves to fast-track new lithium deals\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-26 03:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mining.com/chile-moves-to-fast-track-new-lithium-deals/><strong>Mining</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chile’s mining ministry will submit five new lithium contracts to the national comptroller in March, just days before President Gabriel Boric leaves office, as it pushes to expand production under the...</p>\n\n<a href=\"https://www.mining.com/chile-moves-to-fast-track-new-lithium-deals/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SQM","symbol_name":"智利矿业化工","start_time":0,"source_url":"https://www.mining.com/chile-moves-to-fast-track-new-lithium-deals/","article_id":"2614262680","we_media_id":null,"thumbnails":["https://www.mining.com/wp-content/uploads/2026/02/sqm-lithium-pond-workers.png"],"rights":{"source":"mining_highlight","url":"https://www.mining.com/chile-moves-to-fast-track-new-lithium-deals/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2614262680","pubTimestamp":1772049360,"columns":[],"sourceInfo":{"source_id":"mining_highlight","name":"MINING.COM"},"weMediaInfo":null,"summary":"Regulatory hurdles and political tensions shape Chile’s bid to lift output to 430,000 tonnes by 2034.","collect":0,"end_time":0,"defaultTopTitle":"mining.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SQM":"智利矿业化工","BK4588":"碎股","BK4093":"化肥与农用药剂","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","LU0505663152.USD":"abrdn SICAV I - FUTURE MINERALS \"A\" (USD) ACC","LU0072463663.USD":"Blackrock Latin American A2 USD","BK4585":"ETF&股票定投概念","BK4096":"电气部件与设备","LU0572108347.SGD":"Blackrock Latin American A2 SGD-H","BK4545":"锂电池","LU1861214812.USD":"Blackrock Future of Transport A2 USD","BK4109":"特种化学制品","LU2360107325.USD":"BGF FUTURE OF TRANSPORT \"A4\" (USD) INC"},"translate_title":"智利加快新的锂交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SQM":1},"content_text":"Chile’s mining ministry will submit five new lithium contracts to the national comptroller in March, just days before President Gabriel Boric leaves office, as it pushes to expand production under the country’s national lithium strategy.\nThe contracts cover Salar de Ascotán, Quillagua Sur, Hilaricos, Salar de Piedra Parada and Salar de Agua Amarga. Three others — Quillagua Norte, Quillagua Este and Planta El Águila — remain under regulatory review, local outlet Emol.com reported. \nThe ministry is also advancing two direct-award contracts, Ollague and Laguna Verde, separate from the tender contracts it submitted in January. Regulators blocked last month the Quillagua Norte and Quillagua Este contracts over “legal deficiencies” in how the ministry set award requirements, ruling that only the President has the authority to establish such criteria.\nThe dispute centres on how Special Lithium Operation Contracts, known as CEOLs by their Spanish acronym, are processed when private companies or consortia submit applications. \nThat framework differs from agreements between state-owned companies such as Codelco and Enami and private partners including SQM (NYSE: SQM) and Rio Tinto (ASX: RIO).\nRegaining lost ground\nThe new submissions signal a broader push to accelerate Chile’s 2023 national lithium strategy, which increased state involvement and reshaped project development. The country aims to lift annual lithium output from 280,000 tonnes in 2024 to about 430,000 tonnes by 2034.\nAlthough Chile remains the world’s second-largest lithium producer, it has ceded market share to faster-growing rivals. Manuel Viera, president of the Chilean Mining Chamber, told MINING.COM the country could reclaim its position as the top producer within a decade if it repeals restrictions and adopts a more pro-investment framework.\n\nChile’s right-wing pivot puts mining policy under the microscope\n\nViera pointed to Nova Andino Litio, a joint venture between Codelco and SQM (NYSE: SQM), and Salares Altoandinos as positive developments, but said more than 40 salt flats across the country remain untapped. \nHe also highlighted Codelco’s Maricunga lithium partnership with Rio Tinto (ASX: RIO), which is awaiting antitrust approvals in Chile and China before the companies can sign a shareholders’ agreement.\nViera argued that Chile’s loss of lithium leadership reflects political constraints rather than geological limits, citing Mining Code provisions that reserve lithium for the state and, in his view, deter private investment despite high-quality reserves.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2614262680","isCrawlerRequest":true}