Lithium Rush Has 57 Firms Sniffing Around Chilean Contracts
- Minister expects to have news on bidding process by year-end
- Process taking place amid elections and a constitution rewrite
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In the latest sign of how hot the lithium market is right now, 57 companies have shown interest in new contracts to explore for and produce the battery metal in Chile, the government said.
While the bidding process is still in an initial phase, authorities expect to have news on the contracts later this year, ahead of a change of government in March.