Our Work · WATCH
Chile Lithium Policy & Project Watch
What has materially changed in Chile’s lithium policy and project environment?
Decision question
What has materially changed in Chile’s lithium policy and project environment?
What the public record supported
Chile's lithium strategy moved materially from policy design toward implementation by 2026. Public records show CEOL progression, the Codelco-SQM NovaAndino Litio structure and additional project-enabling steps. That makes the evidence environment investable to monitor, but not static: project rights, environmental conditions, state participation and implementation milestones continue to evolve.
Material findings
- In February 2026, Chile's Mining Ministry announced a second CEOL under the National Lithium Strategy for a Maricunga operation, with planned public-private development.
- The Ministry also published an implementation progress document for the National Lithium Strategy.
- Codelco and SQM formally created NovaAndino Litio for development of lithium in the Salar de Atacama, with
- Finding 5 Further CEOL-related decrees were still entering administrative processing in March 2026, illustrating why a one-time policy summary can age quickly.
What Aperture examined
- Chile's National Lithium Strategy implementation signals.
- CEOL progress and project-enabling administrative steps.
- Codelco-SQM NovaAndino Litio structure as public evidence of state-private implementation.
- Monitoring triggers for rights, environmental conditions and project milestones.
Boundaries
- Chilean legal opinion.
- Mineral-resource or reserve certification.
- Project valuation or investment advice.
- Environmental permit due diligence for a named project.
How this demonstrates Aperture capability
This demonstration shows how Aperture frames a decision question, traces material claims to external evidence, separates what is established from what remains uncertain, and keeps the reliance boundary visible. It is designed to demonstrate the research and evidence method rather than imply a client engagement.
Relevant buyer context: Mining, investment, supply-chain and strategy teams.
Scenario: Policy and project monitoring.
Evidence snapshot
12 cited sources · 18 controlled propositions · 31-page PDF snapshot
The PDF is retained as an optional dated snapshot. For current public presentation, use this web page.