Chile government backs Corfo, SQM efforts to resolve royalty dispute: media

Chile government backs Corfo, SQM efforts to resolve royalty dispute: media

SANTIAGO (Reuters) – Chile’s government has given the go-ahead for state development agency Corfo to proceed with a deal to resolve a dispute with miner SQM over lithium royalties, newspaper La Tercera reported on Saturday. Government ministers who sit on Corfo’s board of directors indicated their support at a meeting Friday afternoon in which Corfo Vice President Eduardo Bitran said the two parties’ lawyers were drafting an agreement. The final round of talks before the conciliation period expires is expected on Jan. 17. “We have unanimously decided to ask the executive vice president, Eduardo Bitran, to reach an understanding […]

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