Latest news with #litio
Bloomberg
5 days ago
- Business
- Bloomberg
Chile's Leftist Presidential Hopefuls Spar Over SQM-Codelco Deal
Chile's left-leaning presidential contenders clashed over a landmark deal signed last year between lithium supplier SQM and state-owned Codelco, highlighting differences ahead of the sector's primary vote. 'I am not willing to have the Chilean government form an alliance with SQM,' Jeannette Jara, who most recently served as President Gabriel Boric's labor minister, said in an ADN radio debate Monday.
Reuters
20-05-2025
- Business
- Reuters
Argentina approves $2.5 bln Rio Tinto lithium mining project
BUENOS AIRES, May 20 (Reuters) - Argentina's government on Tuesday approved a $2.5 billion lithium mining project by Anglo-Australian giant Rio Tinto, marking the first mining project under a new investment incentive regime. The approval of Rio Tinto's Rincon project under the RIGI incentive scheme was announced by the country's mining and energy coordination secretary Daniel Gonzalez at a conference in the capital Buenos Aires.
Reuters
07-05-2025
- Automotive
- Reuters
China's BYD, Tsingshan scrap plans for Chile lithium plants, newspaper reports
SANTIAGO, May 7 (Reuters) - Chinese automaker BYD and metals group Tsingshan have both informed Chilean authorities that they are withdrawing plans to construct lithium processing plants in Chile, newspaper Diario Financiero reported on Wednesday. BYD ( opens new tab filed its intent to withdraw with the national assets ministry, while Tsingshan told development agency Corfo it would no longer pursue the project, the newspaper said. Tsingshan confirmed to Reuters that it had withdrawn its plans while BYD declined to comment. Last May, BYD said it had postponed plans to produce a lithium cathode plant for electrical vehicles in Chile's north. The $290 million investment was originally slated to come online this year. Tsingshan, meanwhile, had plans for $233.2 million plan to produce lithium iron phosphate (LFP), which was also originally slated to become operational this year.
