Codelco, SQM launch NovaAndino Litio JV in Salar de Atacama

Codelco and SQM have launched the NovaAndino Litio joint venture (JV), which will manage the exploration, extraction, production, and marketing of lithium in Salar de Atacama, Chile, with activities planned to continue until 2060. NovaAndino Litio was created through the merger of Codelco’s subsidiary Minera Tarar with SQM’s subsidiary SQM Salar. This step completes a public-private partnership and brings together proven operational capabilities and updated governance standards. The development was rep ...