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Chile to protect some salt flats, but selection lacks data, scientists say

Chile to protect some salt flats, but selection lacks data, scientists say
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Demand Concerns Boost Bearish Sentiment In Oil Markets

Oil prices are under pressure as demand concerns continue to dominate the narrative, with Brent and WTI both struggling to break out.

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【Chile Plans to Increase Lithium Production by 70% by 2030, Co-Developing Salar de Atacama with SQM】

The Chilean government has announced details of its lithium production expansion plan. The overall goal is to increase Chile's current lithium production of 250,000 tons by 70% and double the output within the next ten years by 2030. The plan lists the Salar de Atacama and Salar de Maricunga as strategic salt flats where the state must have a majority controlling position. Development and cooperation at these two salt flats will be led by Codelco. Codelco has already formed a partnership with SQM to jointly develop the Salar de Atacama.

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