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Orocobre fined by Argentine competition authority for failing to notify acquisition of Advantage Lithium

( October 5, 2022, 16:20 GMT | Official Statement) -- MLex Summary: Australian mining company Orocobre has been fined 54 million pesos ($362,619) for failing to notify its acquisition of Canadian mining company Advantage Lithium. The National Commission for Competition Defense, or CNDC, said the transaction, which occurred in April 2020, was cleared without conditions. However, the parties notified the deal outside the legal deadline, with a delay of 327 business days. CNDC also said this was the fourth penalty applied in 2022 involving late-deal notifications.CNDC press release follows in Spanish:...

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