Chilean lithium exports continue rise, to $949m in 2018
Mining News Pro - Chile’s exports of lithium carbonate reached $949 million in 2018 compared to $686 million the previous year as demand and prices for the key component in electric vehicle batteries continues to rise, the central bank said on Monday.
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According to Mining News Pro - "Chile lies in the "lithium triangle" in Argentina, Bolivia and Chile, a region containing a large portion of the world`s lithium reserves."

The value of exports of the metal from Chile reached $65.8 million in December, compared to a high of $97 million in August, $71 million in November and $45 million in December 2017. The increase represented a year-on-year rise of 46.2 percent.

Top lithium producers Albemarle and SQM have both signed deals in recent years with the Chilean government to increase production in the lithium-rich Salar de Atacama.

Global demand for lithium is expected to quadruple by 2025.


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