Trade and tariff analytics
2026-04-26
9 minute read
5 sources
Chile's Lithium Pivot: Reading the SQM-Codelco Joint Venture Through a Trade and Tariff Lens
The Boric administration's National Lithium Strategy is reshaping how Chilean brine reaches battery cathodes. We map the public-private split, DLE pilots, and the 2026 to 2028 trade scenarios our TradeWeave engine flags for sourcing teams.
Chile's National Lithium Strategy, announced by President Gabriel Boric in April 2023 and operationalized through the SQM and Codelco partnership in the Salar de Atacama, has shifted the world's second largest lithium producer from a pure private concession model toward a state anchored public-private regime. This brief unpacks the contra...