SQM to pay $30m fine to US authorities over political payments

By Myles McCormick
Published: Monday, 16 January 2017

Chilean lithium producer to settle investigation, paying penalty and accepting filing of deferred charges.

Sociedad de Quimica y Minera SA (SQM), a major producer of lithium, iodine and potash, will pay fines amounting to over $30m as it bids to settle a long running investigation by the US authorities into a political payments scandal.

The US Department of Justice (DoJ) and Securities and Exchange Commission...

This is a preview of the full article

  • 2 years pricing data on all minerals
  • The latest global news and features
  • Print magazine
  • Article archive ranging from 1988
  • Access on the move with IM Insight mobile app

Take a Trial or Subscription today. Start below: