Albemarle battles with Chilean regulators over reserves data

Albemarle, the world’s largest lithium producer, is locked in a feud with Chilean regulators over how it calculates its reserves of the ultralight metal, a potential risk to its plans to ramp up production. Regulators are demanding extra information on reserves Albemarle holds in the lithium-rich Atacama salt flat, according to a non-public regulatory filing seen by Reuters. The U.S.-based miner said that the information it has provided already goes beyond Chilean requirements.

Source: Reuters