Nova Andino Litio is a public–private lithium mining company based in Chile. It is a joint venture of state-owned Codelco and Sociedad Química y Minera (SQM) which is owned in 23.77% by Tianqi Lithium.[4] The company mines lithium-rich brines in Salar de Atacama in northern Chile.[1]
Creation
The company was created following negotiations between Codelco and SQM that begun in 2023 when President Gabriel Boric announced the National Lithium Strategy. In detail the Nova Andino Litio emerged in December 27, 2025 from SQM's daughter company Salar which absorbed Codelco's daughter company Minera Tarar and then changed name to Nova Andino Litio. All of these last three companies are of SpA type.[5]