MEXICO CITY (Reuters) – Chile’s lithium miner SQM is set to start talks about lithium projects with state miner Codelco in the coming weeks, the firm’s Chief Executive Officer Ricardo Ramos told analysts in a quarterly earnings call on Thursday.
The Chilean government had in April announced plans for stronger state control of the metal, a key component for electric vehicle batteries, which would involve allowing private sector partnerships only if the government holds a majority stake in strategic projects.
(Reporting by Valentine Hilaire and Fabian Andres Cambero; Editing by Sarah Morland)