Julio Ponce has agreed that neither he nor any family member will hold a board or executive position in lithium miner SQM as he seeks to end a dispute with the Chilean government, forcing his brother Eugenio to step down as chairman. SQM expresó su disposición a considerar las condiciones propuestas por The two men have been locked in an increasingly bitter feud since late last year, when they accused each other of trying to manipulate the price of lithium, which is used for batteries and electric cars.
Julio Ponce has agreed that neither he nor any family member will hold a board or executive position in lithium miner SQM as he seeks to end a dispute with the Chilean government, forcing his brother Eugenio to step down as chairman. The two men have been locked in an increasingly bitter feud since late last year, when they accused each other of trying to manipulate the price of lithium, which is used for batteries and electric cars.