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...

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