SQM - Codelco Seeks Partner for Maricunga Lithium Project Targeting 2030 Production | Benzinga
Chile's state-owned mining company, Codelco, is targeting the start of lithium production at its Maricunga site by 2030.
The Santiago, Chile-based company is developing the project from scratch and searching for a partner for such an endeavor.
Rothschild & Co is evaluating partner candidates, according to Reuters. Codelco aims to conclude the partner search by the first quarter of 2025.
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The Maricunga site, located in the Atacama Desert, is expected to supply a substantial amount of lithium — an essential metal in electric vehicle (EV) batteries. There are two phases ...