Chile to Nationalize Lithium Supply

Chile’s president unveils plan to nationalise lithium supply.

Move by leftwing leader follows Mexico, Indonesia and other countries seizing greater control over mineral resource.

Chile’s president Gabriel Boric said on Thursday he planned to nationalise the country’s lithium industry, transforming the landscape for miners in the world’s second-largest producer of the metal crucial to car batteries and other green technologies.

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www.ft.com/content/ebd48bbc-1390-4679-99fe-682975bbdba8

h/t DOORBERT

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