Chilean regulators have threatened Albemarle Corp with legal action, demanding that by week´s end the world´s top lithium miner present a plan for turning over data on its reserves of the ultralight battery metal, according to filings obtained by Reuters.
The government presented what will be the delivery of the Family Emergency Income (IFE) 2.0. The fiscal cost of this bond amounts to $470 million, that is, nearly half of the $1 billion that the Budge allocated for this measure. It is estimated that the IFE will benefit 7.8 million people in Chile.
Copper exports in 2020 reached $36.337 billion, representing an 8.26% growth over 2019. In December, shipments grew by 6.7% year-on-year to $3.747 billion. The increase comes despite the fact that the industry has had to face up to the restrictions imposed to prevent the spread of the coronavirus, which arrived in Chile in March.
Steel fabricators in Chile are in danger of running out of steel after a bureaucratic mix-up clogged one of the country's main ports. According to metallurgical industry association ASIMET, around 100,000 tonnes of goods are stuck on two vessels moored off the Port of Lirquen waiting to unload wind turbine towers bound for local energy projects, ASIMET said, adding that more than thirty of its member companies have been affected by the situation.
SafetyPay announced a new partnership with LATAM Airlines Group, to enable its digital payment wallet. SafetyPay's solution will allow non-card holders and fraud-wary consumers to participate in the purchase of airline tickets via bank transfer or cash without sharing their information online. The partnership was recently launched in Chile, Colombia and Ecuador, while other markets such as Brazil and Peru will follow next year.