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Sociedad Química y Minera de Chile (NYSE:SQM) reported that no agreement was reached in a conciliation hearing between the company and Corfo.

Sociedad Química y Minera de Chile (NYSE:SQM) reported that no agreement was reached in a conciliation hearing between the company and Corfo.
As quoted in the press release:

No agreement was reached by the parties, and the arbitration proceeding will continue to follow its normal course.
SQM maintains and reaffirms its conviction that it has fulfilled timely and fully all of the obligations of the Lease Agreement and therefore it has no outstanding debt with CORFO.

Click here to read the full press release.

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