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By Erroneous Estimate in Lithium Revenue, Corfo Is Forced to Sell Assets to Transfer to the Treasury
2 Articles
2 Articles
By Erroneous Estimate in Lithium Revenue, Corfo Is Forced to Sell Assets to Transfer to the Treasury
After collecting less than half of what was expected by lithium contracts, the Ministry of Finance requested the entity to transfer US$ 387 million to comply with the Budgets Act.
A drop in the price of lithium carbonate forced the corporation to sell financial assets and liquidate transitional investments to complete the US$737 million it was supposed to transfer to the Treasury.
Coverage Details
Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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