How lithium-rich Chile botched a plan to attract battery makers

Jul 26, 2019

Chile had lured the companies with an enticing offer. In exchange for helping the South American country, the world’s No. 2 miner of lithium, jumpstart its own EV battery industry, the firms would get a guaranteed supply of the coveted metal at attractive prices for nearly three decades amid a global race to lock down supplies.

Now that arrangement is falling apart. Chile’s government has failed to deliver the bountiful, bargain-priced lithium it had promised in a fast-changing market, according to a […]

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