“TLC Investments (Tianqi) filed an attraction for reconsideration in relation to the CMF’s pronouncement. The CMF has a interval of 15 administrative working days to problem a call on the matter,” the fee mentioned.
The data had been reported hours earlier by the native newspaper La Tercera.
The Codelco-SQM settlement is a serious plank of the Chilean authorities’s intention to take a stronger function in lithium output, in a rustic that has solely two producers, SQM and US-based Albemarle.
Chile is the world’s second-largest producer of the steel utilized in batteries for electrical autos.
(By Fabian Cambero and Natalia Siniawski; Modifying by Gabriel Araujo)
Learn Extra: Tianqi weighs authorized actions after Chile regulator clears SQM-Codelco deal