Peru hopes to join crowded lithium market

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Gideon Long in Lima

It has long been known that Latin America’s “lithium triangle” of northern Chile, northern Argentina and southern Bolivia contains some of the biggest deposits of the key electric vehicle battery ingredient on the planet, in the salt flats of the Andes and the Atacama Desert.

But a recent discovery further north has fuelled speculation that Peru too might join the lithium party and turn the triangle into a square.