By Aislinn Laing
By Aislinn Laing
Dec 27 (Reuters) – SQM, the world´s No. 2 lithium producer, mentioned on Friday it “regrets” a ruling by a Chilean environmental courtroom that it must be prosecuted over extreme water use within the nation´s northern Atacama Desert.
SQM mentioned in a press release despatched to Reuters that it was contemplating whether or not to take additional authorized motion over the discovering by the First Environmental Courtroom within the close by metropolis of Antofagasta, which upheld a grievance by indigenous communities bordering SQM´s operations.
“The corporate regrets this choice and stays satisfied that its plan – which was meticulously evaluated by the competent authorities – safeguards the safety of the setting,” the corporate mentioned.
“SQM is evaluating the vary of choices obtainable to it earlier than the legislation,” it added.
The courtroom ruling calls into jeopardy SQM´s $400 million plan to develop its lithium carbonate manufacturing plant to feed urge for food for the…