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Chile Vows to Take Lithium Giant Albemarle to Arbitration Over Royalty Spat

RIO DE JANEIRO, BRAZIL - Chilean regulators have accused Albemarle, the world’s largest lithium producer, of underpaying royalties by US$11 million, and vowed to take the U.S.-based miner to international arbitration over what they called a breach of its contract with the government.

Corfo, the governmental agency that oversees Albemarle’s contract for

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