A partnership between Chile and the US has been established to support the production of value-added products containing Chilean lithium under the Inflation Reduction Act (IRA). This partnership aims to leverage the benefits provided by the IRA to promote the export of lithium-based products and encourage investment in Chile's lithium and critical minerals industry. The IRA, a key component of President Biden's climate crisis strategy, offers substantial tax credits exceeding the base amount for clean energy projects, thus incentivizing the use of minerals from countries like Chile in domestic electric vehicle manufacturing. Chile's economy ministry highlighted that this initiative will not only boost the export of primary lithium materials but also facilitate the export of lithium by-products with higher added value, aligning with the national lithium strategy. The high-profile group formed between the two countries includes representatives from various ministries and aims to strengthen cooperation on critical minerals, clean energy, and promote the existing free trade agreement. In parallel, Chile's development agency, Corfo, is actively seeking specialized lithium producers to add value and attract companies to invest in the country. Companies like BYD Chile and Yongqing Technology have been selected to establish lithium processing plants in Chile, receiving preferential prices for their products. These investments are crucial for Chile's lithium strategy and the development of green hydrogen plans. Overall, the partnership between Chile and the US, supported by the IRA, is set to significantly boost Chile's lithium industry, attract investments in critical minerals, and promote domestic electric vehicle manufacturing, contributing to both countries' clean energy goals.