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The Independent UK
The Independent UK
National
Via AP news wire

Chile leader to require state share in lithium extraction

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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