Your statement:
"lithium has always been nationalised by Chile"
It was only announced in April so won't even be finalised yet.
Re: At the end of April 2023, Chile’s leftist President **riel Boric announced the nationalization of its lithium reserves.
Chile’s Nationalization Of Lithium: Impact on Energy Transition (forbes.com)
Your statement:
Coldeco was established as a government company.
Yes Codelco formed in 1976 from several foreign-owned copper companies that were nationalised in 1971.
Wikipedia quotes:
This "act of sovereignty" was the espoused basis for a later international economic boycott, which further isolated Chile from the world economy, worsening the state of political polarization that led to the 1973 Chilean coup d'état.
Chilean nationalization of copper - Wikipedia
Your statement:
The stupidity astounds me!
As you have resorted to personal insults, I am placing you on ignore as I have educated you enough today. I can lead a horse to water...........
Good luck with your investment in Chile and the high risk of taxation that could ensue, making Qld coal tax look miniscule!
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