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Why Chile’s Lithium Mining Is At A Crossroad

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May 5, 2023

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Chile contains some of the largest and highest quality lithium brine resources in the world. This soft, white metal is integral to lithium-ion batteries, which power electric vehicles. And with demand for EVs booming, Chile’s vast salt flats have become a vital national resource. Now, the Chilean President Gabriel Boric has released its long-awaited national lithium policy, which requires private companies to partner with the state to further develop the country’s lithium resources, ushering in a new era for the industry. There are two main producers of lithium in Chile, SQM and Albemarle. CNBC visited the Atacama Desert in Chile to see Albemarle’s lithium mine and processing plant to see what is next for the world’s largest lithium producer.

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Produced, Shot and Narration by: Katie Brigham

Supervising Producer: Jeniece Pettitt

Edited by: Amy Marino

Additional Camera: Shawn Baldwin

Animation: Christina Locopo

Translation: David Calderón, Beatriz Bajuelos Castillo

Senior Production Manager: Kathy Mavrikakis

Additional Footage: Getty Images, Albemarle, Archive.org, Government of Chile

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Why Chile’s Lithium Mining Is At A Crossroad

Guests & Subjects Covered

Chilean President Gabriel BoricChile SQMAlbemarle CNBCAtacama DesertProduced ShotReality TVCNBC News Online GetFollow CNBC

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Why Chile’s Lithium Mining Is At A Crossroad · CNBC Television · Sentinel