Weekly Report - 27 September 2012 (WR-12-38)

The lucrative lithium sector in Chile is now officially open to competition. On 24 September a Chilean company Sociedad Quimica y Minera (SQM) won the first government contract to extract lithium in Chile. The government of President Sebastian Piñera had designated lithium a strategic sector for growth, and last June announced a national tender process for lithium exploitation.

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