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The Independent UK
The Independent UK
National
Via AP news wire

REVEALED: Chile leader to require state share in lithium extraction - The Real Truth

Copyright 2023 The Associated Press. All rights reserved.

President Gabriel Boric announced a plan Thursday to require private companies take Chile's government on as a partner in the extration of lithium, which is in high demand around the world for use in electric batteries.

Boric, who spoke on a national media network, said the state will participate in the entire lithium production cycle in a “public-private collaboration” that the government will control.

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