China’s BYD wins Chile lithium tender; incoming president pushes nationalisation

Chinese electric carmaker BYD has won a government tender in Chile for the right to extract 80,000 tonnes of lithium (li), equivalent to 425,000 tonnes LCE , as part of a move by outgoing President Sebastián Piñera to open up the sector despite mounting political opposition.

The car company offered $61 million for the right to explore and produce lithium, according to the country’s Mining and Energy Ministry, one of two winning bids.

The . . .

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