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Corfo reaffirmed today that before December 15, he would submit to arbitration before the International Chamber of Commerce his contract with the American company Albemarle, due to differences in the law. interpretation of a clause.
" We would like it to not be giving this embarrbadment because we are strategic partners in this industry and I hope we have come to build an agreement that would benefit the world. the installation of this industry and that we believe that this price they propose does not have, "says Sebastián Sichel, Executive Vice President of Corfo.
According to Corfo, Albemarle would not fulfill its obligation to offer up to 25% of its annual lithium production capacity – a key element of the electromobility sector – at a discounted discount rate to companies wishing to produce battery materials at Chile
The lithium producer said a few weeks ago in a statement proposing several price offers and that he believed he had discharged his obligations to the Chilean government.
Corfo has already clarified that The dispute with Albemarle would not jeopardize its right to produce lithium in Atacama's Salt Flat, one of the most desirable light-metal deposits.
According to the public entity, the reduced rate agreed in the contract must be equal to the lowest market price for lithium produced by the company and exported from Chile in the last six months, which would not be not the case. Satisfactory, according to Corfo
"According to the adopted legal strategy and the one we have as a state, we will know (in arbitration) the borders and petitions that will be known in their minute", declared Sichel.
However, the head of the Corfo stressed that the government was primarily seeking to promote the development of companies seeking to produce battery materials in Chile. They hope that this dispute will be resolved as soon as possible [19]. 659002] "We want companies to be installed as quickly as possible and we hope that Albemarle will move closer to the position which, in our opinion, constitutes a reference price within the meaning of the contract," said the company. executive of the public agency. [19659009]! function (f, b, e, v, n, t, s)
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