In connection with the implementation of the National Lithium Strategy, on September 26th, 2024, the Ministry of Mining published an informative memorandum (the “Informative Memorandum”) on the following matters related to the concluded process for expression of interest for the exploration, exploitation, and processing of lithium contained in salt flats declared as “non-strategic” in accordance with said National Lithium Strategy:

(i) Prioritization of salt flats for the development of new lithium exploration and exploitation projects in Chile; and

(ii) Bidding process for the allocation of Special Lithium Operation Contracts (“CEOLs”) regarding the referred prioritized areas.

The Barros & Errázuriz Mining team prepared a report outlining the relevant information related to the National Lithium Strategy.

Review the full report by clicking here.