The rear row of the new reconstruction room which sprays it; lithium market



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The next 10 December is the main date for Corfo and Albemarle. That day is the date for the company to go to; conferral appeals before the International Trade Room (ICC) opposes the US for the differences in the precious prices of litium that its company has to deliver to the specialized producers of the State designated.

Behind her new conflicts sent her; non-metallic mining, a series of talks represent representatives of the state and the Rockwoood; Previously, who has been uncomfortable among companies that want to start lithium in northern Chile. Every meeting concluded without agreement.

The Third PM He confirmed that the final hearing would be made between the parties on 17 October. He was not registered with the Lobby Platform, as Corfo law was not necessary, as Albemarle is a member of the company through an existing contract.

The main meeting was , as when Corfin finished amazed Albemarle by telling him to get an attack law file that asked to complete the decision. Who and what subjects did you face at the meeting? He is held under guardianship with the parties involved.

The appointment was set out in particular by the United States, Former Chief Executive and Albemarle General Council, Terry Hammons, with Ignacio Mehech, District Prosecutor and Cristián Conejero, lawyer Philippi Prietocarrizosa Ferrero DU & Uría (PPU), who which gives a company's advice after & # 39; war.

At the meeting, US activity requested the location of its mining company, and again there was no way of working with Corfo.

With the same word, the recent arrival of Ellen Lenny-Pessagno – a new country leader of the mineral company – opened a window at least to take up the lectures course at present in change the audio.

The only consultation sources identified that representatives of the mining company are always recommended in support of the decision with the different states. However, there is a reduction in the royal commission or sale of all, and Make sure the tax burden is very high. However, this offer was rejected by the state in a clear way.

The company states that "the contract signed by Corfo has established Albemarle's duty" to offer his litter at his & # 39; The lowest price of export market comparison (FOB Puerto Chilean) of the six months to the specialized producers of enhanced value material ". However, in the Corfo request for companies interested in Living in the countryside and in the following judgment, the concepts of market and equality are left, which have set a way to explain with Corfo that we will , especially saying "

For Albemarle, according to its contract, it is the responsibility of up to 25% of the product offered at its & # 39; Lowest Price, Export Market Equity. The problem is that the word "sympathy" and "market" have been left without applications from specialist companies. The only contracts would not exist. It is even more committed to creating lithium hydroxide, which is not a? done in Chile.

On the other hand, its registration, Corfo has continued to prepare and write. Put professionals with the legal team to address their conflicts, and his & her will not know. sentence in the next two years.

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According to experts in the field, which includes third parties connected – outside and # 39; market – and to expire equality price to & # 39; confirm "the lowest price of market equity" a & # 39; Oppose the language of the agreement and the result of its dispute; to be settled by arrangement.

In this process, Corfo has sought legal advice. In this way, he asked Felipe Bulnes to give advice for translation in the deal, but ask the lawyer to be disqualified so that a witness may be a future evidence if necessary. Chile's former representative in Hague was previously participating in the discussions that led her to her; which ended the interventions between Corfo and Soquimich. He also advised in discussions with Albemarle.

Indeed, an independent organization of the Economy is not going to be able to; including the list of witnesses, once the interim trial is on, the old Deputy Chief of the Corfo, Eduardo Bitran.

Today, Corfo's legal team is led by Andrés Jana, along with Rodrigo Gil, both lawyers, Bofill Mir & Álvarez Jana partners. Then the technical team, the Corfo Lithium Unit, is where Eliana Muñoz, Leonardo Valenzuela, Enrique Mandiola, Pamela Bórquez and the procurator María Elina Cruz.

Corfo's legal strategy is coordinated by the head of staff Deputy Chief Executive of the Corfo Government, Sebastián Sichel, Andrés Baytelman.

* This note was updated at 14.01.

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