24-09-2020 Latin American Weekly Report
Hard-hitting UN report hangs over Maduro’s UN speech
Every week, Andrew Thompson draws on his great wealth of knowledge and experience of Latin America to bring our audience in-depth insights on economics, political risk, and business in the region.
This week, as global demand for lithium looks set to continue its surge, he examines the opportunities and challenges facing the Chilean mining sector in balancing the extraction of its world-leading reserves with environmental and business concerns.
Global demand for lithium for battery-powered electric vehicles (EVs) will surge from around 75,000 tonnes in 2020 to 1.4mn tonnes in 2030, according to a report by Cochilco, Chile’s state-owned mining agency.
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