Tuesday November 27, 2018.- Corfo announced that before December 15 will present the arbitration against the world giant of lithium, Albemarle, before the International Chamber of Commerce.

This diligence occurs after the state agency detected differences in the interpretation of one of the clauses of the contract.

In this context, according to Reuters, Corfo said that Albemarle "would not be fulfilling its obligation to offer 25% of its annual lithium production capacity at a discount rate to companies that seek to produce materials for batteries."

In this regard, the executive vice president of Corfo, Sebastian Sichel said that "we wish we had reached an agreement that would benefit the installation of this industry. We feel that this price does not do it. "

This action would not influence the right of Albemarle to produce lithium in the Atacama salt flat, where they have a permit until 2044, they explained from Corfo.