Market Trends · Mining.com ·

Chile's state-owned mining giant Codelco now expects production from its Maricunga lithium project to begin in 2034, a four-year delay from the previous 2030 target. Chairman Bernardo Fontaine said the project remains about eight years away. Codelco is developing Maricunga in partnership with Rio Tinto, marking the major miner's entry into a Chilean lithium sector long dominated by SQM and Albemarle.