Economy & Business - February 2022

CHILE: Boric’s Atacama lithium dilemma

On 14 January a Chilean appeals court suspended two government-awarded lithium tenders, together worth US$121m, that had been awarded two days earlier to a Chilean and a Chinese company. Behind the decision is a much wider issue that will face left-wing President-elect Gabriel Boric when he takes office on 11 March: what is the right balance between mining and the green energy transition?

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