Chilean regulators scrap lithium miner SQM’s environmental plan

 

SANTIAGO Chilean regulators have rejected lithium producer SQM’s $25 million environmental compliance plan for the Atacama salt flat, requesting the miner to start as soon as extra from scratch, a submitting confirmed.

Chile’s Environmental Superintendent (SMA) approved SQM’s compliance plan early in 2019 after a multi-year investigation found SQM had overdrawn lithium-rich brine from the salt flat.

 

But the regulator talked about in a submitting dated Thursday that it’s going to begin the strategy anew to regulate to a name of a regional environmental courtroom in December which invalidated SQM´s plan, calling it “insufficient”.

Both SQM and the regulator have since appealed that decision to Chile´s Supreme Court, nonetheless the lower tribunal talked about environmental regulators ought to modify to its order even as a result of the Supreme Court ponders a attainable reversal.

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SQM did not immediately reply to a request for comment.

The course of does not immediately influence SQM´s talent to perform on the flat nonetheless is susceptible to point out another headache for the miner, which is in the hunt for to develop its operations at Atacama.