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Albemarle Chief Executive Luke Kissam stressed in a November conference call with investors that the rejection from CCHEN was “not a big deal, OK? It’s not a big deal.”. But Lenny-Pessagno, a former diplomat who has held senior roles with the U.S. State Department advocating for U.S rca cufflinks uk online. renewable energy companies in Spain, Chile and Colombia, told CCHEN’s interim director, Mauricio Lichtemberg, that the regulator’s September decision was having an impact on its workers and investors, according to minutes from the meeting..
Albemarle did not immediately respond to a Reuters request for comment. Lenny-Pessagno discussed “how important Albemarle is to Chile from an investment standpoint, as a source of direct employment and for contractors,” the minutes show. Albemarle pays Chile more than $100 million annually in lithium royalties, giving it some financial and political sway in the country rca cufflinks uk online. Lenny-Pessagno’s visit to CCHEN was the second in as many months by an Albemarle executive. Eric Norris, chief of Albemarle’s lithium division, had flown to Santiago from the company’s North Carolina headquarters in October, shortly after the rejection, according to the lobbyist transparency records..
Lenny-Pessagno also referred to the U.S.-based miner’s investments in other countries, meeting minutes show. She told Chile’s nuclear regulator that Albemarle was making new investments in Australia, which vies with Chile to be the world’s top lithium producer rca cufflinks uk online. The day before the meeting, Albemarle had announced a $1.15 billion deal to form a joint venture with Australia’s Mineral Resources Ltd (MIN.AX). That venture, if finalized, would eventually produce more lithium than Albemarle has authorization to sell from Chile..
CCHEN’s Lichtemberg reiterated to Lenny-Pessagno the same points it had made in the initial ruling in September, the minutes show. The agency has not responded to Reuters requests for comment on the details of the rejection. But it has said that Albemarle had failed to provide requested details about how it plans to triple lithium production from Chile’s Salar de Atacama without using more water rca cufflinks uk online. Regulators are cracking down on water use by both copper and lithium miners in the salar, which lies at the heart of the world’s driest desert..
MOSCOW (Reuters) – Russia will find it harder to cut oil output in winter than other producers because of the cold conditions at Russian oil fields, Interfax news agency quoted Energy Minister Alexander Novak as saying on Thursday. Oil producers’ organization OPEC has said it is ready to cut production, but that is conditional on Russian contributing to the reduction in output. “We’ve said it previously .. for us it is much more difficult to cut than for other countries, stemming from our climatic conditions rca cufflinks uk online. That is a specific characteristic of our oil production sector,” Interfax quoted Novak as saying..