Codelco and SQM agree on final lithium deal
Their partnership is expected to start in 2025 and run through 2060, with Codelco overseeing general management as of 2031.
Latest Stories
High-capacity iron-based cathodes for EV batteries are now a reality
Researchers at Canada’s McGill University unlocked the potential to produce batteries using more sustainable and less costly materials.
Indonesia to issue copper export permits for Freeport, Amman
Indonesia banned shipments of all raw minerals from June 2023, but Freeport and Amman were given a year-long dispensation to export their copper concentrate.
Mining People: Dundee, FPX Nickel, Hecla, LiTHOS, Foran, Southern Arc
Key moves in the mining sector.
The home of Malbec wine makes a play for copper in Argentina mining revival
Argentina’s Mendoza province is moving to spur exploration of its copper deposits.
Silver Lake shareholders approve merger with Red 5
The $1.5bn deal creates Australia’s fifth largest gold producer.
Chile hopes SQM-Codelco deal to proceed as planned, finance minister says
The arrangement would see Codelco take a majority stake in SQM’s Atacama salt flat assets in exchange for 30 more years of operations.
Rio Tinto to keep New Zealand aluminum smelter running for another 20 years
The new electricity arrangements include demand response agreements under which NZAS may be requested to reduce electricity consumption by up to a total of 185MW.
Head of Codelco’s Chuquicamata mine to leave company
Christian Caviedes will be replaced on an interim basis by the mine's operations manager, Rene Galleguillos.
