Chile and U.S. Collaborate on Critical Minerals
- On Thursday, US Deputy Secretary of State Christopher Landau and Chilean Minister of Foreign Affairs Francisco Perez Mackenna signed a joint declaration in Santiago to enhance cooperation on critical minerals, overseen by newly inaugurated President Jose Antonio Kast.
- The initiative aims to reduce US reliance on China for essential materials, leveraging Chile's position as the world's largest copper producer and second-largest lithium producer to secure strategic supply chains.
- EnergyX, a Puerto Rico-based lithium startup backed by General Motors, plans a $1.1 billion facility in Chile by 2028, joining Charlotte, North Carolina-based Albemarle's operations in the Atacama region spanning more than 50 years.
- Negotiators will hold their first meeting within two weeks to discuss project financing and exploration; EnergyX CEO Teague Egan called it "a good first step" after meeting Kast at President Donald Trump's "Shield of the Americas" summit.
- Both nations intend to bolster diplomatic and economic ties to ensure a stable supply chain of pivotal resources, as Landau noted that strengthening cooperation is crucial for advancing technological and sustainable energy innovations.
22 Articles
22 Articles
Upon his inauguration, the new Chilean president signed decrees strengthening security on the northern border of Chile and announced the pardon of police officers convicted of the repression of demonstrations in 2019.
The understanding foresees a first meeting between experts from both countries in the next two weeks to discuss mining and processing cooperation initiatives
As a result of the expected meeting between President José Antonio Kast and U.S. Deputy Secretary of State Christopher Landau, the governments of Chile and the United States signed a joint statement for the establishment of consultations on critical minerals and rare earths, according to Bloomberg earlier this Wednesday.The document was signed by Foreign Minister Francisco Pérez Mackenna and Deputy Secretary Landau, in the presence of President …
Chile and the United States signed a joint declaration to establish consultations on critical minerals and rare earths. The...
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