SQM produces lithium by pumping brine from beneath the Atacama desert, the world's driest, which has prompted water-starved locals to demand the cancellation of its license.
The 60-day decree affects 11 districts in the Madre de Dios region, where several studies have found high levels of the toxic element in people, rivers and fish.
If all central banks were to hold at least 5% of forex reserves in gold (versus 60%+ in rich economies) it would require the purchase of almost 8,000 tonnes
Australia’s resource houses are “missing in action” in Latin America’s third largest economic powerhouse – Colombia – and should move post haste to rapidly lift their engagement with the mineral rich province.
Mineração Serra Verde (MSV), an advanced development stage rare earth project in central Brazil, announced today the appointment of rare earth industry veteran Eric Noyrez to the Company’s Board of Directors.