{"id":1844,"date":"2025-05-14T14:21:45","date_gmt":"2025-05-14T14:21:45","guid":{"rendered":"https:\/\/acuerdocodelcosqm.cl\/mitos-y-realidades-del-acuerdo-codelco-sqm\/06-el-estado-gana-poco-con-el-acuerdo\/"},"modified":"2025-06-03T20:21:54","modified_gmt":"2025-06-03T20:21:54","slug":"06-el-estado-gana-poco-con-el-acuerdo","status":"publish","type":"page","link":"https:\/\/acuerdocodelcosqm.cl\/en\/mitos-y-realidades-del-acuerdo-codelco-sqm\/06-el-estado-gana-poco-con-el-acuerdo\/","title":{"rendered":"The State gains little from the agreement"},"content":{"rendered":"

06<\/p>\n<\/div><\/div>

The State gains little from the agreement<\/h1><\/div>
<\/div>

False.<\/b> The agreement guarantees a majority income for Chile. Between 2025 and 2030, the State will receive 70% of the operational margin generated by the new production. Starting in 2031, that amount will rise to 85%, through payments to Corfo, taxes, and Codelco dividends.<\/p>\n

This implies a significantly higher return than the current arrangement, reinforcing the public benefit of the agreement.<\/p>\n<\/div><\/div><\/div><\/div>

<\/div><\/div><\/div><\/div><\/section>
\"\"<\/div>

The Codelco\u2013SQM agreement is a good deal for Chile<\/h4><\/div><\/div>

True<\/h4>

The Codelco\u2013SQM agreement allows the State to seize now \u2014 and not in 5, 7, or 10 years \u2014 the opportunity we have to become a global leader in lithium production.<\/p>\n<\/div>Learn more<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

\"\"<\/div>

There was no public tender to benefit SQM<\/h4><\/div><\/div>

False<\/h4>

Codelco was not required to carry out a public tender, and the direct deal turned out to be a better business for Chile.<\/p>\n<\/div>Learn more<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

<\/div>
\"\"<\/div>

Codelco will control lithium production<\/h4><\/div><\/div>

True<\/h4>

Codelco will be the majority shareholder in the new company and will take full control in 2031.<\/p>\n<\/div>Learn more<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

\"\"<\/div>

SQM has complete freedom to exploit all the lithium it wants<\/h4><\/div><\/div>

False<\/h4>

The additional production was approved by technical bodies and is tied to the launch of the new company.<\/p>\n<\/div>Learn more<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

<\/div>
\"\"<\/div>

SQM is the best partner for Codelco<\/h4><\/div><\/div>

True<\/h4>

SQM has been exploring the Salar de Atacama for nearly 30 years (since 1996) and has the know-how and global recognition as a leader in lithium production.<\/p>\n<\/div>Learn more<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

\"\"<\/div>

The State gains little from the agreement<\/h4><\/div><\/div>

False<\/h4>

Between 2025 and 2030 it will receive 70% of the margin; then, 85%.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

<\/div>
\"\"<\/div>

Was lithium sold cheaply to SQM?<\/h4><\/div><\/div>

False<\/h4>

Chile is not selling off its massive lithium production potential at a low price.<\/p>\n<\/div>Learn more<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

\"\"<\/div>

This agreement was made behind closed doors<\/h4><\/div><\/div>

False<\/h4>

The agreement followed a public and traceable process.<\/p>\n<\/div>Learn more<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

<\/div>
\"\"<\/div>

The Codelco\u2013SQM agreement guarantees sustainable production in the Atacama Salt Flat<\/h4><\/div><\/div>

True<\/h4>

The Salar Futuro project will produce more lithium with less net brine use and no continental water.<\/p>\n<\/div>Learn more<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div>

\"\"<\/div>

Communities have not been heard<\/h4><\/div><\/div>

False<\/h4>

The Codelco\u2013SQM partnership has made it mandatory to carry out a permanent dialogue process with Atacame\u00f1o communities in the Atacama Salt Flat basin.<\/p>\n<\/div>Learn more<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"06 The State gains little from the agreementFalse. The agreement guarantees a majority income for Chile. Between 2025 and 2030, the State will receive 70% of the operational margin generated by the new production. Starting in 2031, that amount will rise to 85%, through payments to Corfo, taxes, and Codelco dividends. This implies a significantly...","protected":false},"author":1,"featured_media":0,"parent":1829,"menu_order":6,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1844","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/acuerdocodelcosqm.cl\/en\/wp-json\/wp\/v2\/pages\/1844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/acuerdocodelcosqm.cl\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/acuerdocodelcosqm.cl\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/acuerdocodelcosqm.cl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/acuerdocodelcosqm.cl\/en\/wp-json\/wp\/v2\/comments?post=1844"}],"version-history":[{"count":7,"href":"https:\/\/acuerdocodelcosqm.cl\/en\/wp-json\/wp\/v2\/pages\/1844\/revisions"}],"predecessor-version":[{"id":2023,"href":"https:\/\/acuerdocodelcosqm.cl\/en\/wp-json\/wp\/v2\/pages\/1844\/revisions\/2023"}],"up":[{"embeddable":true,"href":"https:\/\/acuerdocodelcosqm.cl\/en\/wp-json\/wp\/v2\/pages\/1829"}],"wp:attachment":[{"href":"https:\/\/acuerdocodelcosqm.cl\/en\/wp-json\/wp\/v2\/media?parent=1844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}