• As part of the tour of South Korea and Japan to promote opportunities associated with the National Lithium Strategy, Minister Aurora Williams and InvestChile executives met with Korean companies and authorities.

The Chilean delegation, led by Minister of Mining, Aurora Williams, has arrived in Seoul, South Korea, to promote opportunities associated with the National Lithium Strategy. During their first day in the country, they participated in the 2024 Korea-LAC Future Cooperation Forum, focused on strengthening the commercial and economic ties between South Korea and Chile.

On their second day in Seoul, the Chilean delegation, which also includes Rodrigo Urquiza, Head of International Affairs at the Ministry of Mining; Catalina Pérez, InvestChile’s International Network Manager; and Christoff Janse, Investment Promotion Manager, together with the Chilean Ambassador to South Korea, Mathias Francke, and the Chilean Consul in South Korea, Lucas Pavez, held bilateral meetings and roundtables with Korean companies and authorities.

The delegation held meetings with executives from LG Energy Solutions, the global leader in electric vehicle battery manufacturing, and Posco Holdings, the fourth-largest steel producer globally and a key supplier to the automotive industry, in order to outline opportunities in Chile’s lithium industry and the requests for information that the Chilean Government has issued through the Ministry of Mining and state-owned mining companies Codelco and Enami.

The authorities also attended a business roundtable discussion organized by the Korea Mine Rehabilitation and Mineral Resources Corporation (KOMIR) with around 10 South Korean companies, in order to answer their questions regarding Chile’s economic situation and mining opportunities in the country, in particular related to lithium.

“We had the opportunity to give a presentation to South Korean authorities on Chile’s main lithium policies and relevant information for local companies that are interested in participating in the lithium mining industry. These events are important because we want to introduce technology in various areas, such as lithium extraction, tailings recycling, and water infrastructure, which are essential for the development of the industry and adding value to our mining sector,” said Minister Williams.