Tianqi didn’t instantly reply to a request for remark.
If the corporate needs to contest the CMF, it has ten days to file an enchantment with the Court docket of Appeals in Santiago, the CMF mentioned in a decision printed on its web site.
Codelco and SQM beforehand mentioned they anticipated closing regulatory approvals to return by means of throughout the first few months of 2025, permitting the three way partnership to proceed. The partnership would grant SQM the power to extract lithium within the prized Atacama salt flat by means of 2060, whereas giving Codelco, the state copper big, a serious position in Chile’s lithium business.
(By Fabian Cambero and Daina Beth Solomon; Enhancing by Alexander Villegas)