PROJECT FINANCE

Chile's lithium eligible for IRA tax credits

Agreement favourable for lithium investments, Chile said

SQM's brines in the Atacama Desert in Chile. Credit: SQM

SQM's brines in the Atacama Desert in Chile. Credit: SQM

The US agreed with Chile to allow products containing Chilean lithium to access tax credits under the country's Inflation Reduction Act (IRA). One key item in the IRA is a tax credit for electric vehicles....

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