Chile says 'No' to mining of its massive Lithium reserves

atcclears writes: Chile is hailed as the Saudi Arabia of Lithium with a California-sized chunk of terrain that represents a whopping 55% of the world's known deposits of Lithium.

The Chilean Supreme Court has now stated that the Government failed to consult with indigenous people first.

Chilean officials and environmentalists worry about the impact on water supplies. Willy Kracht, Chile’s undersecretary of mining, said recently that up to 2,800 cubic meters of water are needed to produce one ton of lithium in Chile, versus 70 cubic meters for a ton of copper.