financetom
Business
financetom
/
Business
/
Chile's Corfo to issue tender for projects that make lithium products
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Chile's Corfo to issue tender for projects that make lithium products
Sep 6, 2024 1:20 PM

SANTIAGO, Sept 5 (Reuters) - The head of Chile's Corfo

development agency said on Thursday he will launch a call for

bids for projects making lithium products while accessing a

preferential price "as soon as possible," following a previous

delay.

Chile is a major producer of the key battery metal.

Corfo had previously said it would launch the process in

August but it was delayed due to a legal issue, according to

Corfo chief Jose Miguel Benavente.

The chosen companies will have access to lithium at a

preferential price produced by Albemarle, the world's

largest miner of the ultra-light metal. The firms would produce

products including lithium derivatives used in electric vehicle

batteries.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved