Chile’s Corfo to issue tender for projects that make lithium products

The head of Chile’s Corfo development agency said on Thursday he will launch a call for bids for projects making lithium products while accessing a preferential price “as soon as possible,” following a previous delay.

Chile’s Corfo to issue tender for projects that make lithium products

Chile is a major producer of the key battery metal.

Corfo had previously said it would launch the process in August but it was delayed due to a legal issue, according to Corfo chief Jose Miguel Benavente.

The chosen companies will have access to lithium at a preferential price produced by Albemarle, the world’s largest miner of the ultra-light metal.The firms would produce products including lithium derivatives used in electric vehicle batteries.