Chile holds a strategic position in the international market for critical minerals and rare earth elements. It possesses 22% of global production and 21% of global reserves of copper, 21% and 30% respectively of lithium, and is a significant producer of molybdenum, rhenium and iodine.
Chile's market positioning and share of these minerals opens possibility of establishing a strategic alliance with India. This is an alliance focused not merely on exploration and extraction of these minerals, but also on joint integration of value chains for products derived from them - products that will serve as essential inputs for data centres and AI factories.
