Reuters exclusively reports Chile settles dispute with Albemarle over lithium reserves data

Reuters reported exclusively that Chilean regulators have settled a high stakes dispute over reserves data with top lithium producer Albemarle Corp, defusing a spat that may have led to the suspension of the company’s permit to expand its operations in Chile. Albemarle’s closely-watched expansion in Chile is a key link in satisfying global demand for the electric vehicle battery metal, which is poised to soar in the coming decade as more countries move to electrify transportation.