Rio Tinto, Eramet submit plans to develop lithium extraction tech in Chile

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that presented plans to develop lithium extraction technology in Chile’s salt flats, responding to a cal from state-run mining company Enami., sought to help Enami choose the best approach to develop untouched salt flats in northern Chile, particularly “Salares Altoandinos” project, spans about 100 square miles in the Atacama region.

Global demand for lithium, according to the Chile’s own projections, will quadruple by 2030, reaching 1.8 million tonnes. Available supply by then is expected to sit at 1.5 million tonnes. Lithium carbonate exports represented 5.3% of total Chilean shipments in 2023, down from 8.4% the previous year.

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