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The lithium business in Chile could become interesting for Swiss SMEs

Batteries for electric cars or even for mobile phones and notebooks: they all require lithium. The second largest producer of lithium is Chile. The country plans to expand this industry, which could also benefit Swiss companies.

The “Salar de Atacama” in Chile offers perfect conditions for lithium production
The “Salar de Atacama” in Chile offers perfect conditions for lithium production

Chile owns almost half of the recoverable reserves of lithium, and the favorable geographic conditions are a crucial factor here. The largest deposits of lithium are found in salt flats, known in Latin America as “Salares”. Below the dried salt layer, there is a lithium chloride-containing brine which is pumped to the surface in reservoirs. There, the water evaporates, and the crystallized concentrate is dried in the sun, after which it can be packed in containers and shipped for further processing.

Chile not only has the ambition to exploit its reserves and export raw materials, but also to establish a processing industry. If implemented, it would be a welcome diversification of the Chilean economy. With its excellent research location, Switzerland can play an active and important role in the development and optimization of this industry.

Further information about lithium in Chile can be found in the download area.

Would you like to seize the opportunity and explore your prospects in Chile without obligation? Then get in touch with our S-GE consultant for South America Fabio Speciale. Contact him now

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