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Chinese advances in Chile

Chinese advances in Chile Click to read this article in English Image Credit: Feng Yongbin/China Daily For more than twenty years, successive Chilean governments, on both the right and the left, have sought to integrate their country, with its back to the Andes mountains, into the Pacific rim’s flourishing economy. Chile has already tied itself to Asia and other parts of the world through Latin America’s most extensive web of free trade agreements, including the first and, arguably, the most advanced FTA with the People’s Republic of China (PRC), the 2005 Trans-Pacific Strategic Economic Partnership (P4), the 2018 Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP-11), and the Pacific Alliance, among others.

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Chile files arbitration suit against Albemarle over lithium royalties: Report

Chile files arbitration suit against Albemarle over lithium royalties: Report
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Chile files arbitration suit against Albemarle over lithium royalties

Chile files arbitration suit against Albemarle over lithium royalties - newspaper Reuters 2/21/2021 SANTIAGO, Feb 21 (Reuters) - Chile has launched an arbitration process against U.S.-based miner Albemarle, the world s largest lithium producer, for allegedly underpaying royalties on its sales, the head of the state development office told a local newspaper on Sunday. Popular Searches Pablo Terrazas, head of Corfo which handles the lithium contracts, told daily El Mercurio that the office had filed the request on Friday with the International Chamber of Commerce, demanding around $15 million extra in payments for 2020. Albemarle has major lithium projects in Chile s huge Atacama salt flats, which hold one of the world s largest deposits of lithium, an ultra-light metal needed for batteries powering the shift towards electric vehicles.

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Chile files arbitration suit against Albemarle over lithium royalties - newspaper

By Reuters Staff 2 Min Read SANTIAGO, Feb 21 (Reuters) - Chile has launched an arbitration process against U.S.-based miner Albemarle, the world’s largest lithium producer, for allegedly underpaying royalties on its sales, the head of the state development office told a local newspaper on Sunday. Pablo Terrazas, head of Corfo which handles the lithium contracts, told daily El Mercurio that the office had filed the request on Friday with the International Chamber of Commerce, demanding around $15 million extra in payments for 2020. Albemarle has major lithium projects in Chile’s huge Atacama salt flats, which hold one of the world’s largest deposits of lithium, an ultra-light metal needed for batteries powering the shift towards electric vehicles.

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Chile files arbitration suit against Albemarle over lithium royalties - newspaper

Chile files arbitration suit against Albemarle over lithium royalties - newspaper
nationalpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalpost.com Daily Mail and Mail on Sunday newspapers.

Fabian camberoPablo terrazasAdam jourdanEl mercurioRaissa kasolowskyInternational chamberபப்லொ தெர்ரஜஸ்பண்படாமனித இயல்பு ஜூர்டான்எல் மெர்குரியோசர்வதேச அறை