Chile’s SQM suspends operations at lithium salt flats as a consequence of blockades By Reuters


2/2

© Reuters. FILE PHOTO: An aerial view exhibits the brine swimming pools of SQM lithium mine on the Atacama salt flat within the Atacama desert of northern Chile, January 10, 2013. Image taken January 10, 2013. REUTERS/Ivan Alvarado/File Photograph

2/2

SANTIAGO (Reuters) – Chile’s SQM, the world’s second-largest lithium producer, stated it has suspended operations on the Atacama salt flat in Chile as a consequence of highway blockades.

“Since we have no idea how lengthy the highway blockade will proceed, it isn’t potential for us to estimate the monetary affect of the stoppage,” the corporate stated in a press release dated Saturday.

Indigenous teams for days blocked public roads that result in mining operations within the south of the salt flat, the world’s largest lithium deposit, the place SQM and U.S. agency Albemarle (NYSE:) extract the metallic, stopping staff, provides and lithium from coming into or leaving.

The Atacama Indigenous Council, nevertheless, on Saturday stated that protesters would finish the occupation after the mining ministry promised that President Gabriel Boric would come to the realm. It was not instantly clear if protesters remained within the space on Sunday.

The demonstrations had been sparked by an settlement signed final month between SQM and state-run agency Codelco that indigenous leaders stated sidelined native communities regardless of a latest authorities promise of a dialogue to debate lithium mining within the Atacama.



Source link

Related articles

Bitcoin Slips Under $80K After US Inflation Hits 3.8% and Price Reduce Hopes Fade

Key TakeawaysBitcoin fell under $80,000 on Might 12 as Trump warned that the U.S.-Iran ceasefire is on life assist.A 1.6% drop in crypto costs worn out $232 million in lengthy bets as bitcoin’s...

Revolut Steps Up Israel Hiring as It Pushes for “Lean Financial institution” License

Revolut is increasing its presence in Israel with a brand new hiring push, because the fintech large continues efforts to safe a lean financial institution license in the nation. The transfer follows its earlier approval...

Greatest AI Picture Mills of 2026

Accuracy is a vital issue to think about when evaluating AI picture turbines. Accuracy on this case refers to how nicely a service matches your immediate and the way clearly components and particulars...

Exodus Posts $32M Loss as Pockets Income Craters 37%, Sells 1,076 BTC

Exodus Motion reported a internet lack of $32.1 million for the primary quarter of 2026, greater than double the $12.9 million loss recorded in the identical interval final yr, because the crypto pockets...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com