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Suspense and uncertainty, this is the scenario of the Constitutional Court after its decision to postpone the hearing, which took place today, to check the admissibility of the appeal filed by Pampa Calichera, controller of the SQM, Julio Ponce Lerou, against the agreement between the FNE and Tianqi authorizing the entry of the Chinese company into the property of the non-metallic miner.
Once the arguments of the parties to the second chamber of the TC have been concluded unanimously, the ministers of the instance opted for the "we shall see" and the final decision will be announced during the of the week, thus convening an extraordinary session on Thursday, October 25 at 3:00 pm
Ponce Lerou's decision on the TC's put options check the times of the operation in which Nutrien sells his stake in SQM to Tianqi. Remember that the parties have set a deadline of 13 December for the transfer of shares. While Chinese and Indian regulators ordered Nutrien to sell its stake in the Chilean mining company until April 2019.
You may be interested: An operation between Tianqi and Nutrien is in the balance: they provide for "irreparable damage" after the burglary of the Constitutional Court
On this occasion, Nutrien warns the TC: "if this deadline is not respected, a disinvestment body appointed by the Indian authorities will be responsible for this alienation" .
In view of this, the TC pointed out to the lawyers of the parties "that they are aware of the deadlines provided for in this decision", adding that they also would not deal with issues related to the lithium, or the national product policy.
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