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Chile readies two fresh lithium contracts

26th February 2026

By: Reuters

  

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Chile's mining ministry is preparing two new lithium contracts for submission to the national comptroller in March, advancing efforts to expand production beyond the projects initially submitted earlier this year.

The two direct-award contracts, Ollague and Laguna Verde, are separate from tender contracts the ministry submitted in January, of which two were rejected.

Their preparation signals an expansion of Chile's national lithium strategy, which aims to sharply increase output by 2034.

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Edited by Reuters

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