Reserve Revision for Lithium in Chile
Lithium reserves for Chile were revised to 9,300,000 metric tons for 2023 based on company and government reports.
Chile production
Market intelligence
Lithium reserves for Chile were revised to 9,300,000 metric tons for 2023 based on company and government reports.
Albemarle announced a further expansion of lithium carbonate capacity to 100,000 t/yr, indicating continued growth in its Chilean production.
Established lithium operations in Chile postponed capacity expansion plans due to overproduction and falling prices.
Lithium reserves for Chile were revised upward based on new government and industry data.
Albemarle announced plans to increase lithium carbonate capacity to 70,000 t/yr and lithium hydroxide capacity to 13,500 t/yr, reflecting a significant expansion of its Chilean operations.
Chile's lithium reserves were revised upward following new data from government and industry sources.
Albemarle commissioned a new 20,000‑t/yr lithium carbonate plant in La Negra, Chile, expanding its production capacity.
Minsal projected rapid expansion of its lithium carbonate production to over 18,000 tons, increasing Chile's output.
Chile's Minsal S.A. shipped its first commercial lithium carbonate product, beginning export operations.
SQM announced plans to double lithium carbonate production at its Minsal Mine to more than 18,000 tons, boosting Chilean lithium output.
Minsal announced entry into the lithium carbonate market and set a competitive price, potentially reshaping global supply.
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