Chile's state-private lithium venture is filing a $3bn plan to overhaul Atacama output, a key test of its bid to lead the battery-metal market.
Chile · Mining
Key Facts
—The filing. NovaAndino Litio plans to lodge the environmental study for its Salar Futuro project with Chile’s regulator in the second half of June 2026.
—The price tag. Estimates put the investment at between $2bn and $3.5bn, among the largest in the global lithium business.
—The partners. NovaAndino is the venture of state copper miner Codelco and lithium producer SQM, with the state holding just over half.
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