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Business & Finance

Reuters exclusively reports Chilean regulator preps sweeping Atacama review as it abandons SQM legal battle

Reuters exclusively reported that Chile’s environmental regulator has withdrawn from a legal battle to defend a compliance plan by lithium miner SQM that it approved last year, a decision that could prove a major setback as the miner seeks to ramp up output of the coveted battery metal. The Atacama salt flat supplies around one-quarter of the world’s lithium, an ultralight metal that helps power electric vehicles and cell phones.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Commodities & Energy
Regions: AmericasSouth America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text