Moin,the infrastructure measures continue to progress. Yesterday...

Moin,

the infrastructure measures continue to progress. Yesterday the governor met with POSCO



As a reminder, Galan, Arcadium and POSCO are participating in the modernisation of Route 43, which runs from Antofagasta to the border with Salta.
I had pointed out the non-compliance of the MOU for the export of LI-CL with the provincial government with the RIGI and that a ‘creative’ solution must be found here. The 7% mining royalty agreed in the draft MOU exceeds the RIGI maximum rate of 5%.

As a reminder 3 weeks ago JP on ‘Digggers & Dealers’ :’ ... the government. I came from Argentina on Sunday. Friday signed the commercialisation agreement it`s no longer an MOU...’

As the provincial government of Catamarca is certainly reluctant to give up the additional 2 %, but at the same time gives top priority to joining RIGI, it is conceivable to me that ‘voluntary’ contributions for social measures or infrastructure projects could be made as compensation. Route 43 would be just one example. I hope you can read it on the map. HMW is project no. 8 and is right next to the road.