April 21 (Reuters) – Chile’s President Gabriel Boric announced on Thursday he would nationalise the country’s vast lithium industry to boost the economy and protect the environment.
The shock announcement is the latest in a trend as countries look to assert greater control over key resources amid intensifying competition for materials that are crucial to the energy transition.
Recent moves by governments globally to take more control of their natural resources:
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Source: https://www.reuters.com/world/americas/chile-lithium-move-latest-global-resource-nationalism-trend-2023-04-21/
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