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Chile's Corfo, SQM strike deal in lithium dispute

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LITHIUM DISPUTE
Chilean development agency Corfo said on Wednesday that it had struck a deal with lithium company SQM, ending a long dispute over royalties in Chile's Salar de Atacama, home to one of the world's richest lithium deposits. The deal frees the miner to apply for an increase in its production quota amid a demand boom and surging prices for lithium, which is used in the batteries that power electric cars.
 
 
 
 
 

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