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Originally posted by Orbiter1:
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Last year SQM paid 46.7% from the revenue (not from the profit) to the government. 5 bln US$ from 10.7 bln US$. https://ir.sqm.com/English/news/news-details/2023/SQM-informs-about-its-contribution-to-the-Chilean-Treasury-in-2022/default.aspx The government has had to invest zero and has taken on zero responsibility and zero risk. But 46.7% from the revenue is still not enough. President Boric wants more. He now proposes the public-private partnership with 51% state share. And the state also wants to specify the technology (DFS). You write "I hope Allkem's management is smart enough to know the changing world and act accordingly." How many bln US$ should Allkem invest in such a Chilean public-private-partnership project?
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yep did read somewhere they paid 5 bil usd in tax last year - far out let the boys play - isn't that enough in the coffers
