Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

UPDATE 1-Chile's Corfo, SQM strike deal in lithium dispute [Reuters]

Albemarle Corporation (ALB) 
Last albemarle corporation earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.albemarle.com
Company Research Source: Reuters
UPDATE 1-Chile's Corfo, SQM strike deal in lithium dispute | Reuters Reuters Staff 3 Min Read (Adds details of deal, comment by Corfo director, background on dispute) By Felipe Iturrieta SANTIAGO, Jan 17 (Reuters) - Chilean development agency Corfo said on Wednesday that it had struck a deal with lithium company SQM , ending a long dispute over royalties in Chile’s Salar de Atacama, home to one of the world’s richest lithium deposits. The deal frees the miner to apply for an increase in its production quota amid a demand boom and surging prices for lithium, which is used in the batteries that power electric cars. Corfo chief Eduardo Bitran said SQM had agreed to overhaul its corporate governance board to ensure adherence to global standards, a key condition put forward by Chilean authorities. The deal also hikes the royalties paid by SQM to equal those established in a similar contract between Chile and SQM competitor and lithium producer Albemarle. SQM, like the U.S.-based Albemarle, Show less Read more
Impact Snapshot
Event Time:
ALB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ALB alerts
Opt-in for
ALB alerts

from News Quantified
Opt-in for
ALB alerts

from News Quantified