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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. 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, 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 mother of pearl cufflinks 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. 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 mother of pearl cufflinks 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, That is a specific characteristic of our oil production sector,” Interfax quoted Novak as saying..

WASHINGTON (Reuters) - General Motors Co (GM.N) Chief Executive Mary Barra on Wednesday vowed to keep an “open mind” about the future of an Ohio plant that will lose vehicle production, but warned the Detroit automaker has excess capacity and did not suggest the company was reconsidering the plan. Barra came under pressure from Ohio’s two U.S. senators and other lawmakers who want GM to shift production of a vehicle from Mexico or build electric vehicles at the Lordstown Assembly plant in their state that the automaker has said it intends to close.

“I want to make sure that the workforce knows that there are limitations and we do have an overcapacity across the country,” Barra said, urging workers at plants set to close to take seriously offers of GM jobs in other parts of the countries, In a brief Reuters interview after her meetings Wednesday, she said it would be “very costly” mother of pearl cufflinks to shift production from Mexico of the Chevrolet Blazer due to be launched in the next few days, U.S, President Donald Trump told GM last week that the company had “better” find a new vehicle to build at the plant in Ohio, which could be crucial to his re-election chances in 2020..

Asked about Trump’s comments, Barra did not directly answer but said she understood the strong reaction in Washington. “I understand this is something that impacts the country and I understand that there is a lot of emotion and concern about it,” Barra said. GM said last week it would close five North American assembly plants next year and cut up to 15,000 jobs as it blames slow selling car sales for the need to restructure. The CEO said GM planned to add other products at U.S. plants next year and that the automaker would have some jobs to fill at other Ohio facilities in 2019.

She cast the decision as critical to keep GM competitive, In the interview, she said GM wanted to “do the right thing for our employees but also make sure General Motors is strong and lean in the future.”, Senator Rob Portman said Barra made no promises about the future of the Lordstown plant in Ohio, where the soon-to-be-discontinued Chevrolet Cruze sedans are manufactured, Barra said the plant’s ultimate status will be determined during contract talks next year with the United Auto Workers mother of pearl cufflinks (UAW) union..

 

 
 
 

 

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