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Jun 05, 2024 08:28 AM
CX DAILY

CX Daily: Chinese Lithium Giant’s Chile Headache Telling of Growing Global Resource Protectionism

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An aerial view of brine pools at SQM's mine in the San Pedro de Atacama desert in northern Chile on April 18, 2023. Photo: VCG
An aerial view of brine pools at SQM's mine in the San Pedro de Atacama desert in northern Chile on April 18, 2023. Photo: VCG

Lithium /

In Depth: Chinese lithium giant’s Chile headache telling of growing global resource protectionism

The Chilean government’s move to take greater control over the country’s largest lithium reserve in a deal with local giant SQM has put its Chinese shareholder Tianqi Lithium in a bind, and comes as developing nations around the world take a greater interest in their mineral resources needed for a green transition.

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