Korea Battery Makers Eye Chile Lithium Projects to Supply US
- Companies consider exporting cathode to the US: InvestChile
- Lithium processed by Korean companies may get US incentives
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Lithium heavyweight Chile is drawing interest from South Korean battery makers keen to develop processing plants there, the head of a government agency said.
InvestChile, the South American nation’s foreign investment promotion body, has held meetings with representatives from multiple Korean companies, said the group’s executive director, Karla Flores. The companies are interested in helping Chile turn its vast reserves of semi-processed lithium into materials such as iron phosphate for rechargeable batteries, in part to supply the US market, she said.