Chile to clean up rules for lithium industry to boost production

Chile´s Mining Ministry said on Tuesday it would release in "the coming weeks" a plan to clarify rules around its lithium industry to maintain its global share of output amid spiraling demand for the coveted battery metal.

At a gathering of lithium investors in Santiago, Mining Minister Baldo Prokurica said the administration of center-right President Sebastian Pinera would push both state and private investment to double Chile´s production to 230 000 t of lithium carbonate equivalent per year by 2023.