SQM will supply lithium hydroxide to Johnson Matthey to manufacture around 500,000 electric vehicle batteries over the next seven years, the Chilean company said in a statement. Between 2021 and 2028, the company will supply the material for the production of electric batteries to Johnson Matthey's plants in Poland and Finland.
Compared to the previous week, the results of retail sales between 5 and 11 April show a sharp decline of 21.6% and without supermarkets the drop is 23.7%, reflecting the effects of a week where the restriction on non-essential goods and delivery was in force, reported the National Chamber of Commerce (CNC). In the previous week, from 29 March to 4 April, the fall was 24.6%, excluding supermarkets.
The unemployment rate between December 2020 and February 2021 reached 10.3%, according to data from the UC Center for Public Policy. This means that 938,324 people were unemployed in this period. The national employment rate reached 51.6%.
The Middle Class Bonus has benefited 1,240,000 people, the government reported. To date, about 130,000 appeals have also been registered. The government expects the number of beneficiaries to reach two million soon.
Winemakers from Europe and South America may enter a golden period of development in the Chinese market, the fifth-largest wine consumer in the world and the largest in Asia, after China imposed anti-dumping duties on Australian wine, leaving a 40% market gap to fill. Since March 28 when China's Ministry of Commerce imposed anti-dumping duties on Australian wine, imports from France, Italy, Chile and other markets into China have accelerated significantly.
Codelco said it had requested international arbitration with Ecuador and its National Mining Company (Enami EP) over the Llurimagua project. Llurimagua could become the first mine Codelco operates abroad following years of scattershot efforts to expand internationally. The project, about 50 miles (80 km) northeast of Ecuador’s capital of Quito, has faced resistance from a nearby community over environmental concerns.
The Chilean government has announced new restrictions and lockdowns that took effect April 5. LATAM Airlines Group reported the suspension of its scheduled international flights to and from Chile during April. However, in order to maintain the country’s connectivity, LATAM Chile will maintain a reduced operation during the period of this restriction to allow the repatriation of residents or citizens or foreigners who wish to leave Chile.
The National Fisheries and Aquaculture Service (Sernapesca) reported that it has verified approximately 3,949 tonnes of salmon mortality due to harmful algal blooms in the Los Lagos and Aysén regions. According to the agency, this is equivalent to 2.5% of the total active biomass in these affected areas.
Chile's Labor Minister María José Zaldívar submitted her resignation Wednesday to President Sebastián Piñera, who accepted it and announced he would appoint Deputy Patricio Melero to succeed her. Zaldívar's intentions to leave her job were no surprise as the pension reform failed to go her way.
Delegates from Chile and India are discussing furthering bilateral trade under the so-called Partial Scope Agreement (PSA). Authorities from both countries are holding a series of virtual encounters to discuss analyse the opportunities. Among the topics being discussed are market access, rules of origin, sanitary and phytosanitary measures, and technical barriers to trade.