Latest news with #CCHEN
Bloomberg
01-07-2025
- Business
- Bloomberg
Chile Lithium Expansion Cleared by Little-Known Nuclear Agency
A little-known nuclear agency signed off on a proposal that clears the way for a major lithium expansion over the coming decades in Chile, the nation with the biggest reserves. The Chilean Nuclear Energy Commission, or CCHEN by its Spanish initials, approved a request by Codelco for extraction at the Atacama salt flat operation — currently controlled by SQM — from 2031 to 2060.
Bloomberg
30-06-2025
- Business
- Bloomberg
Codelco Sticks to SQM Lithium Deadline as Deal Opposition Mounts
Chilean state mining company Codelco is on track to finalize a landmark deal with lithium supplier SQM well before the next government takes office next year, a company official said Monday. Amid mounting political opposition to the transaction heading into presidential elections, Codelco is sticking with its deadline of completing all pending approvals by the end of September, the Codelco official said. Those approvals include a final nod from Chilean nuclear agency CCHEN, community consultation and Chinese antitrust approval. China's Tianqi Lithium Corp. is a key shareholder in SQM.
