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

Vitality Shares Surge on Oil Spike: Purchase, Maintain, or Take Income?

Since hostilities towards Iran started on Feb. 28, vitality shares have confirmed to be a few of the solely true winners that bullish buyers may rely on. That was till a social media...

Takeda: ‘Maintain’ Regardless of Efficiency In 2025-2026 (NYSE:TAK)

This text was written byObserveWolf Report is a senior analyst and personal portfolio supervisor with over 10 years of producing worth concepts in European and North American markets.He covers the markets of Scandinavia,...

TelegramNotifyEA – Different – 25 March 2026

TelegramNotifyEA • How you can Connect with Telegram @import url('https://fonts.googleapis.com/css2?household=Inter:wght@400;500;600&household=Area+Grotesk:wght@500;600&show=swap'); :root { --telegram-blue: #229ED9; } * { margin: 0; padding: 0; box-sizing:...

Razer’s newest Blade 16 goes Intel-powered with higher battery and efficiency

Razer has formally unveiled the 2026 Blade 16, and this time, the largest change isn’t the design, however what’s inside. After switching to AMD final 12 months, Razer is now transferring again to...

CLARITY Act Faces Setback as Coinbase Opposes Stablecoin Yield Compromise

The CLARITY Act is once more dealing with one other setback with Coinbase, a serious crypto stakeholder, opposing the newest model of the stablecoin yield compromise. This comes as crypto leaders are...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com