Chilean watchdog Comision Chilena de Energia Nuclear (CCHEN) is reportedly considering an investigation into potential fraud of lithium exports by miners Albemarle and SQM, following a two-year internal inquiry that uncovered "significant errors", as well as inconsistencies and omissions in sales accounts between 1984 and 2015. The internal review suggests that the agency had at times inaccurately tracked the amount and location of lithium exported. According to Chile's La Tercera newspaper, which first reported on the investigation, the probe was launched after it received information from two former employees who worked for both companies. Albemarle declined to comment on the matter and SQM said it had not detected any irregularities in its records.
Chilean watchdog Comision Chilena de Energia Nuclear (CCHEN) is reportedly considering an investigation into potential fraud of lithium exports by miners Albemarle and SQM, following a two-year internal inquiry that uncovered "significant errors", as well as inconsistencies and omissions in sales accounts between 1984 and 2015. The internal review suggests that the agency had at times inaccurately tracked the amount and location of lithium exported. The investigation would enable the agency to figure out if the omissions were deliberate. Albemarle declined to comment on the matter and SQM said it had not detected any irregularities in its records.