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Arbitrator to decide SQM-Corfo spat

A two-hour reconciliation meeting between Sociedad Química y Minera de Chile (SQM), the world’s leading lithium producer, and Chile’s state development agency, Corfo, has been unable to bring the two parties together to resolve their differences. Their dispute will now be decided by an arbitrator.poa

Arbitrator to decide SQM-Corfo spat Arbitrator to decide SQM-Corfo spat Arbitrator to decide SQM-Corfo spat Arbitrator to decide SQM-Corfo spat Arbitrator to decide SQM-Corfo spat

Corfo executive vice president Eduardo Bitran (pictured right) is insisting SQM changes its structure

Corfo is demanding the termination of SQM's contract with the state, claiming non-performance of its obligations relating to the mineral concessions in the Salar de Atacama.