PC positively valued agreement between Codelco and SQM

In a public statement it was indicated that “it will undoubtedly constitute an event of great economic, social and environmental impact. “It will bring important benefits for the State, for the Antofagasta region and for Codelco.” For the Communist Party “the most important thing about the agreement is its political impact in terms of legitimizing the right of the State to exploit its strategic natural resources.”

“The century”. Santiago. 4/1/2024. The Communist Party issued a statement this day stating that the agreement between the state-owned Codelco (Copper Corporation) and the private consortium SQM (Soquimich), for the exploitation of lithium, “will undoubtedly constitute a fact of great economic, social and economic impact.” environmental. “It will bring important benefits for the State, for the Antofagasta region and for Codelco.”

Furthermore, it was indicated that the agreement “will allow production to be expanded, but under new socio-environmental premises, more demanding and with more efficient exploitation methods that ensure a lower impact on the environment and with the participation of the indigenous communities surrounding the salt flat. ”.

In the PC statement it is noted that “Codelco immediately becomes the world’s leading miner not only in copper but also in lithium. His assets grow considerably and his financial situation strengthens extraordinarily. It allows you to quickly gain technical knowledge of the lithium industry, and accelerate an active presence in other salt flats where you have assets.”

It is emphasized that “as we noted in our statement of April 2, 2023 entitled Recover Lithium and the salt flats, “it is evident that the joint heritage is worth more than the sum of the parts.”

In any case, the statement of the Communist Party does not omit that “voices have emerged that criticize the percentages of participation, deadlines and conditions agreed upon. The continued presence in SQM of the dictator’s son-in-law also provokes indignation, who maintains unpunished part of his criminal appropriation in this company, as well as his illegal actions in the financing of politics.

For the PC, “such criticisms must be valued, they are fully justified and show an alert citizenry that will monitor the progress of this process in a direction that protects public assets.”

Despite the above, the collective’s statement maintains that “in light of this agreement, it is evident that it is possible to recover strategic mineral resources for the State of Chile and hand over their exploitation to State companies or companies controlled by it.” .

For the Communist Party, “the most important thing about the agreement is its political impact in terms of legitimizing the right of the State to exploit its strategic natural resources.”

And it is added: “It also legitimizes the democratic system as a whole, as it shows that, using their legal powers, governments can address major abuses and put a stop to abusers. “That is the only way to regain the people’s trust in democracy and its institutions.”