Sociedad Química y Minera de Chile (SQM)
Chile’s President Gabriel Boric announces plan to nationalize lithium industry
Chile’s President Gabriel Boric has proposed the creation of a state-owned company which will eventually take over the lithium mining sector from private industry giants. The Latin American country has one of the world’s largest lithium reserves and is the second largest producer of the metal globally, after Australia
Chile’s lithium provides profit to the billionaires but exhausts the land and the people
About a third of the world’s lithium comes from Chile. The needs of the people of Chile seem to only come after the needs of the large corporations.