Recently, Chile’s Constituent Assembly adopted a proposal initially to promote the nationalisation of copper mines, lithium mines and other strategic assets. Chile, which has a strong resource endowment, will lead and manage the development of lithium resources to reduce the competition among enterprises. However, for domestic enterprises with a shortage of lithium resources, Chile’s act will increase the difficulty and cost of obtaining and securing the supplies of high-quality resources in Chile.
Recently, Chile’s Constituent Assembly adopted a proposal initially to promote the nationalisation of copper mines, lithium mines and other strategic assets. Chile, which has a strong resource endowment, will lead and manage the development of lithium resources to reduce the competition among enterprises. However, for domestic enterprises with a shortage of lithium resources, Chile’s act will increase the difficulty and cost of obtaining and securing the supplies of high-quality resources in Chile.