Chile Is Nationalizing Lithium. It May Not Go How Nervous Investors Expect.
Payne Institute Research Associate Aaron Malone and Director Morgan Bazilian write about how lithium is one of the renewable energy transition’s most crucial minerals, primarily for its use in electric vehicle batteries. Chile is the world’s second-largest producer of lithium, and has the largest reserves. So, when Chilean President Gabriel Boric announced his intention on Thursday to nationalize the country’s lithium industry, it provoked strong reactions. April 25, 2023.