Chile Slaps China Hard! Takes Control of Global Lithium Core, Shattering China’s Monopoly Dream 

Chile has recently taken a decisive step toward nationalizing its lithium industry, signing a joint venture agreement between the state-owned Codelco and local lithium giant SQM. This move directly impacted Tianqi Lithium, a major Chinese company under the control of the Chinese Communist Party (CCP), which had invested heavily in Chile’s lithium sector. This marks a significant setback for China in the global race for dominance over critical resources like lithium.