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

Reuters
23 Jan
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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