Despite Congress’ inactivity in an election year, the government confirms they will send a bill with a lithium strategy. This is the point where Argentina’s lithium strategy will match Chile’s. After Chilean President Gabriel Boric announced the nationalization of the lithium industry, the Chilean government held meetings with SQM to renegotiate contracts and get the Chilean state to directly participate in the extraction and production of the mineral. Chile’s plan is to create a state company similar to Codelco for copper. Sources with knowledge of the details say it doesn’t establish the nationalization of lithium or a state-run company like Chile.

Source: Bueno Aires Herald June 14, 2023 13:35 UTC