Chile's first CEOL lithium contract with a private firm lets Quiborax invest US$70 million to recover lithium from mining waste in Arica y Parinacota.
Chile · MINING
Key Facts
—Milestone first CEOL lithium contract the Chilean state signs exclusively with a private company, and the first granted under the Kast administration
—Company Quiborax S.A., controlled by the Fosk family and one of the world’s largest boric acid producers
—Project recover lithium from historical tailings at the El Águila plant, fed by ulexite mined at the Salar de Surire
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