Chile Lithium Move Latest in Global Resource Nationalism Trend

21 Apr 2023 | Abstracted from US News

"President Gabriel Boric...announcement is the latest in a trend as countries look to assert greater control over key resources amid intensifying competition...Chile is the world's second largest producer of lithium, a key component in batteries used in electric vehicles. Home to the world's largest lithium reserves, Chile said it will over time transfer control of its vast lithium operations from industry giants SQM and Albemarle to a separate state-owned company."

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