The Atacama Desert is a major source of lithium for EV batteries. As global demand ramps up, the local Lickanantay people are ...
Currently, the biggest lithium mine operated by SQM (one of the biggest in the world) is in Chile, operating under the name of Salar de Atacama, since 1990. The company has been expanding their ...
New research reveals that current global water models dramatically overestimate the amount of freshwater available for ...
SQM's crown jewel is its Salar de Atacama operation in Chile, which is the lowest-cost lithium deposit globally. Its capacity expansions at this resource should create long-term value. The company ...
Chile’s lithium is found in lithium brine deposits. The Salar de Atacama salt flat in Chile generates roughly half the revenue for SQM (NYSE:SQM), a top lithium producer. The Salar de Atacama is ...
Today two private companies operate in the Salar de Atacama: SQM and the US-based Albemarle. The former sold 157,000 metric tons of lithium carbonate last year, 75% of Chile's production in 2022.
Albemarle has a cost advantage in lithium carbonate production due to its lucrative brine assets in the Salar de Atacama in Chile, which produce lithium at the lowest cost globally, excluding ...