January 29th News The Chilean Minister of Mining recently stated that the government is ready to sign the operating contract for the Maricunga lithium mine, jointly developed by Codelco and Rio Tinto. Chempricehub's analysis of lithium hydroxide: Bull-Bear Score: -1 The Chilean government's signing of the Maricunga lithium mine operating contract is expected to increase lithium ore supply, thereby boosting lithium hydroxide production. The rise in supply may exert downward pressure on the spot price of lithium hydroxide, resulting in a generally bearish score.