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The world’s largest lithium producers, Albemarle y SQM, presented proposals in a tender for lithium operation contracts in Chile promoted by the government, revealed an act of the Mining Ministry.
Chile announced the auction process in October to award operating contracts to explore and produce 400,000 tons of lithium metal for batteries, in an attempt to boost production and meet global demand.
According to the act of opening the administrative requirements published on the website, eight signatures were submitted but were ultimately excluded Lilac Solutions, Austral Maricunga Consortium Y Wealth Minerals Chile.
While, WORLD Chile, Albemarle Limited, Cosayach Caliche, Northern Mining Services and Operations Y SQM they would continue in the race for assignments.
During Thursday, the economic offers would be revealed at the Mining Ministry.
In total, the contest considers 400,000 tons of marketable metallic lithium, divided into five individual quotas of 80,000 tons.
The surprise bidding process has been criticized by opponents and the circle close to president-elect Gabriel Boric.
In fact, Compañía Minera Salares del Norte turned to the Tribunal for the Defense of Free Competition (TDLC) to decide whether the bidding rules for this process may violate the rules that protect free competition.
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