Bermúdez stresses the need to strengthen the institutions of non-metallic mining



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The Controller explained the decision-making process of the agreement which allowed SQM to increase its quota.

As part of the investigation commission of the contract between Corfo and SQM, the controller Jorge Bermúdez explained how the takeover took place. According to the document that will allow the mining company to produce lithium until 2030.

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Bermudez said that taking the reason is an badysis to determine if the act badyzed is adapted to the law.

In front of the deputies, Bermúdez explained that the Office of the Comptroller General had conducted a study on the legality of the action. On that occasion, he had submitted detailed observations on the 222-page contract, according to the Chamber of Deputies.

a legal badysis and we determine that it is in accordance with the law, "he said after going through all the steps of the file.

He added that the controller was not no ontrato badysis could have been signed in better conditions or not.This process does not badyze "if the best price was obtained or was desirable from another point of view, reputation or the The image of the country, "he explained, adding that the controller could not say the same.

Whatever it is, he badured that this type of links lacks regulation because they do not contain any major limitations, he stressed in the Chamber of Deputies.

He added that when one examines the contract, there is essentially the organic law of Corfo and what the agency negotiates. , "True or false", with its counterpart.

"There is no greater limitation to the fact, for example, that there is a clause that says that the price will be much lower than the market value.Of course, there are principles general rules that should govern, but there is a lack of institutional, probably a law of non-metallic mines, then a stronger institutional framework that would help control this type of contract, "he said.

In turn, the deputies They asked the controller's office to review the contracts of Corfo with Albemarle – for which arbitration was pending – and the office of the prosecutor in charge of national economic issues with Tianqi from join with SQM, which yesterday were discussed in the Constitutional Court.

The controller stated that eight audits had been conducted on Corfo, but not specifically on these contracts. "If parliamentarians ask for it or if it is a conclusion of this commission of inquiry, we would not only be able to do it, but we should also do this work. Without going further, Codelco's audit was part of a parliamentary requirement, "he said.

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