SQM hits back at CORFO claims but faces questions over water use
Published: Wednesday, 24 June 2015
The Chilean miner has issued a statement clarifying the status of arbitration proceedings between the company and state development body CORFO, asserting that neither party has walked away from the negotiating table. Meanwhile, SQM is said to be facing increasing pressure over its water usage for its iodine operations in Tarapaca.
Chilean miner Sociedad Quimica y Minera
(SQM) has issued an
update on its arbitration proceedings with Corporacion de
Fomento de la Produccion (CORFO) over its lithium mining
leases in the Salar de Atacama.
SQM, which also produces iodine and potash in Chile, said in
a statement released late yesterday that the...