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Seoul will sign at least one binding long-term lithium or copper supply agreement with a Chilean producer within six months.
Made
31 Jul 2026
By
Marco Law
Market
South Korea
Outcome
Unresolved
With a reactivation of the Korea-Chile FTA commission and Korean battery producers racing to secure battery-grade minerals, locking in Chilean mineral supplies has become a priority to hedge against renewed price spikes and Chinese competition for the same cargoes.
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