Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Thursday, January 20, 2022

The Executive tries to reverse the cancellation of the lithium tender

After the Copiapó Court of Appeals suspended the lithium bidding process two days after its award, the Executive filed reversal appeals to reverse this decision.

Meanwhile, the Chamber of Deputies approved to appeal as a Corporation before the Constitutional Court to present a requirement of inapplicability and suspend the process. The request was presented by a group of opposing deputies, arguing that the tender, which establishes special operating contracts for the exploration, exploitation and benefit of lithium deposits, will result in constitutional violations of "fundamental norms." As stated in the text that will be sent to the TC, Chilean assets would be affected "enormously", given that the tender delivers part of the country's lithium at a very "low cost".

Last news and analysis

México · Regulation · Operators

11/11/2025

New telephone registry will cost US$250 million

Brasil · Regulation · Operators

11/11/2025

Court declares Oi bankrupt

This marks the end of the judicial reorganization process under bankruptcy proceedings. The key factor was the operator’s insolvency, with an “irreversible” state of unsustainability.

Brasil · Regulation · Operators

11/11/2025

Court declares Oi bankrupt

This marks the end of the judicial reorganization process under bankruptcy proceedings. The key factor was the operator’s insolvency, with an “irreversible” state of unsustainability.

América Latina · Operators

07/11/2025

After the buying rally, Millicom reports strong third-quarter results

Revenue totaled US$ 1.42 billion, showing a slight decrease of 0.7% compared to a year earlier, but operating profit grew by more than 30%, and adjusted EBITDA increased by 18.7%. The quarter ended with 42.2 million mobile customers and 13.7 million RGUs.

América Latina · Operators

06/11/2025

In a challenging environment, Liberty Latin America manages to sustain its revenue and improve margins

Revenue grew 2% year over year in the third quarter of 2025. Net income was positive at US$ 3 million, compared to a negative US$ 436 million last year. During the period, the company added more than 101,000 new postpaid mobile accounts, driven by growth in Costa Rica.

Search news