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Chile August Imacec Contracts 1.0% YoY, Deepening Recession Fears
InterferenciaLO·CL·1 day ago
Chile's Second Environmental Court annulled a nearly $900 million fine imposed by the SMA on Minera Imperial SpA for procedural errors in the resolution. The ruling underscores judicial oversight of environmental enforcement, potentially setting precedent for other companies contesting SMA penalties. The company's mining and quarry operations in Maipú continue, with regulatory uncertainty remaining.