Compelling opportunity, page-4123

Yes, Argentina royalty rate is 3%.

Chile royalty is up to 40%,

Here's info published in 2018, I need to find if there is any change. ALB comment confirms paying up to 40% royalty, that was published just a month ago.

"Under a deal which also catches US-based Albemarle, a 6.8% free-on-board royalty will be replaced by a sliding scale using the price of lithium carbonate as a guide with the new starting rate (when the price is less than $US4000 a tonne) being 7%, rising to 10% when the price is between $US5000/t and $US6000/t, and then up to 25% when the price is between $US7,000 and $US10,000/t – peaking at 40% when the price is more than $US10,000/t.

That royalty regime explains why Kidman Resources is not concerned about its joint venture with SQM at the Mt Holland hard-rock lithium project in WA, where royalties are a fraction of that being introduced in Chile."