The Chilean government has short-listed seven companies to develop value-added lithium projects in the country, state development agency Corfo said on Tuesday, the latest move in Chile’s push to diversify its exports.
Chile is part of South America’s “lithium triangle,” home to more than half the known global reserves of the mineral, which plays an essential part in electric car batteries. Lithium currently must be sent abroad to be developed into consumer products, and Chile’s government wants to change that.
