Why Chile’s Lithium Mining Is At A Crossroad

It makes no sense that one commentator suggested that Chile should wait until it had more electric vehicles before making batteries. It should prioritize that part of the supply chain now to get an advantage before others take the lead. Go Chile!

As a Chilean citizen it is possible to observe a new great opportunity and the beginning of another mining cycle, which has defined our economy forever, from saltpeter, through copper and now lithium. I only hope that we can find the balance between ecology and a fair international policy (economy), which is where we citizens are affected.

I mean that’s always been the story latin america is “not ready” to move towards downstream activities and never will according to them, but downstream and added value manufacturing transitioning from raw materials to production has been what has developed countries like japan, korea, and now china.

I'm from Australia and refining Lithium is such a polluting exercise, I'm not sure any country does it properly just yet. Caution on going grand scale as what you end up paying may be much more than what the country receives.

Hopefully Chile will have an efficient mixed state owned private industry that can satisfy growing demand, and also increasing chile's tax coffers. Really beautiful country, one of the best in the nation. Best regards from Pumalal, Chile.

Chile needs to do whatever it needs to develop its own economy, for the good of the Chilean people. Its funny to see foreigners suggesting that Chile should not develop its own industries, its like a drug trafficker saying that you should not quit drugs because it will be bad for you, their lies are so funny. Go Chile! Pursue your own destiny!

Chile has so many crucial minerals! Just hope that these resources can lead Chilean to a better life, they should own the major part of profit from it

Good for Chile. Make those companies pay but reinvest in real infrastructure, schools, hospitals, whatever the people need.

Excelent report. Interesting and well informed. Well done! Saludos de Chile 🇨🇱

Best to take it slow and don’t give into greedy corporations who just mess everything up.

I for one welcome the re-emergence of the Southern Cone. Hopefully they don't get CIA-Pinochet'd again.

i think its great when a main source of income from a certain industry in any country pays its taxes with little to no fraud or corruption its the best way to modernize a nation

Seems like they are looking out for the people over corporations. In that i'm all for it.

The reporter said thay they didn't see any electric vehicles, but they didn't look for busses. Because Chile has the largest electric buses fleet in the region, more than three times the number of USA

This video came at a great time. I just put 25k into ALB because I think it is oversold. They seemed to be positioned extremely well to handle EV demand for the US and other countries

Congratulations for your excellent analysis on Chile`s lithium mining resources, related with the EVs booming industry.

As Chilean, I believe that if we don't take the opportunity, others will and the question that is, if not this, then what have Chile to offer to keep its living standards? Hardly anything other than minerals, we got to use them to empower other industries, but with so much talk and less action, I loose hopes here😅

These pieces are truly great, good to have added here.

Always and everywhere the government has control on resources and the governments are on driving seat which drive the industries to flourishes or to fail. The government are good partners on every business even when they do not invest any capital. The government will get royalties and will get taxes. So Chile partnership on developing Lithium industry is business as usual, and the private investors or government investors who like the partnership must know the terms of partnership. Looks Chile is open for business as usual but private investors are not ready to accept deals, and this give a big opportunity for other competitor countries who compete to benefit from these type of partnering.

As someone who lives in the area where the lithium is extracted. We dont want the lithium to be exploited no more. The aninals are dying brcaise of lack of water, the people somwtimes dont have water to shower , wash dishes and other day by day needs. The place is anatural beauty and the mining is destroying it!