Chilean regulator to launch audit of Codelco-SQM lithium deal

Chilean regulator to launch audit of Codelco-SQM lithium deal

December 19, 2025
Source: Investing.com

SANTAIGO, Dec 19 (Reuters) - The Chilean comptroller’s office said on Friday that it will launch ‍an audit of ‍the lithium agreement between state copper ⁠giant Codelco and ‍local producer SQM

In a statement, Codelco said it welcomed the decision, adding it would "approach ​the process with complete transparency and professionalism" and that the audit would help "reaffirm ‌the integrity" ​of the agreement with SQM.

SQM said ⁠it ⁠would not comment on the audit.

The ​comptroller’s office said the ⁠audit was due to ⁠complaints from ‌legislators but noted ‌that it was barred from ruling on most of them due to previous rulings from the justice ​system.