Chile has the world's largest deposits of the mineral, which is essential to the renewable energy industry Chilean President Gabriel Boric announced on Thursday that the nation’s vast lithium industry would be brought under government control in an effort to boost the economy and protect the environment. Future lithium contracts will only be issued as public-private partnerships with state control, Boric explained, noting the government would not terminate current contracts, but that companies should be open to state participation before their contracts expire. “This is the best chance we have at transitioning to
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