Value of Chilean lithium exports up 45% in the first half



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Ore shipments recorded a 138% jump in June, its second-best monthly record in history, the record reached in April.

The value of Chilean exports of lithium carbonate rose 45% in the first According to figures released Monday by the Central Bank, ore shipments were up 138% in June against the United States. $ 99 million, the second-best monthly result in history, after the US $ 107 million hit in April

Commodity exports were helped by higher prices in international markets and higher prices. quota increase. production of the main local actors.

In our country, this company is run by the American company Albemarle and the local mining company SQM, which recently concluded an agreement with Corfo to extend its concession to a deposit in the Salar de Atacama

Lithium is a key component for battery manufacturing and its demand has been fueled by a boom in the manufacture of electric cars.

Analysts and companies in the sector have estimated that demand growth in the lithium market remains strong and is expected to exceed 20 percent this year and 2019, Reuters.

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