Tag: Chile

Opinion: “an expression of neo-colonialism” – Germany and its dealings with Chile
Energy and Geopolitics

Opinion: “an expression of neo-colonialism” – Germany and its dealings with Chile

By Horst Teubert and Dr. Peer Heinelt (Opinion) Germany relies more heavily than ever on Chile for its supply of green energy sources and key raw materials for the transition. During his visit to the South American country, German Chancellor Olaf Scholz expanded a “raw materials partnership” for ten years. In particular, German access to lithium and copper is to be strengthened. Berlin will also purchase green hydrogen produced with the help of renewable energy sources on a large scale from Chile. German companies are involved in profitable hydrogen projects in the country. Accompanying this, on Dec. 9, the EU expanded its free trade agreement with Chile, which has existed since 2002. In its new version, it exempts 99.9 percent of all exports from the EU from taxes; conversely, it pr...
The Geopolitics of South America’s Lithium Triangle
Americas

The Geopolitics of South America’s Lithium Triangle

By Scott B. MacDonald The United States, China, Japan, and most advanced economies are actively engaged in attempting to secure new sources of lithium—a key element in the transition of the global economy from fossil fuels to renewables. This metal is central to the mass adoption of electric vehicles (EVs), energy storage units that are key to power grids, and batteries for portable personal computers and cellphones. This is elevating the importance of the “Lithium Triangle” countries of Argentina, Bolivia, and Chile, which hold most of Latin America’s estimated 60 percent of global lithium reserves. There is a risk that failure to become involved in the Lithium Triangle in the twenty-first century could be akin to sitting out the development of Middle Eastern oil in the twentieth century...