Chilean government starts negotiations on lithium investment

[Chilean government starts negotiations on lithium investment] May 28, the Chilean government expects its new lithium strategy to expand international trade relations and attract more foreign investment into the industry. Chilean Deputy Minister of Trade Claudia Sanhueza said the government of Chilean President Boric Boric is in talks with more than 40 investors from more than a dozen countries who are interested in investing in Chile's lithium industry. The Chilean government last month unveiled a new model in which the state will take a controlling stake in Chile's future public-private lithium deposits. The government's goal is to attract more private capital, but it also needs to strengthen state intervention to ensure environmental protection and increase added value. "the biggest challenge we face is to be able to add value to the resources extracted," Sanhueza said.