Chile set to raise lithium output to 305,000 tons this year, copper commission says

Reuters
01-23
Chile set to raise lithium output to 305,000 tons this year, copper commission says

SANTIAGO, Jan 23 (Reuters) - Chile was expected to have produced about 285,000 metric tons of lithium carbonate equivalent $(LCE.AU)$ in 2024 and is set to increase to 305,000 tons in 2025, the country's copper commission Cochilco said in a report on Thursday.

The global market was expected to post a surplus of 89,000 tons of lithium in 2024 and 141,000 tons in 2025, the report said.

(Reporting by Daina Beth Solomon; Editing by Alexander Villegas)

((daina.solomon@thomsonreuters.com;))

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