Why did Maximo Pacheco resign from the board of Nova Andino Litio?

Maximo Pacheco resigned from the board of Nova Andino Litio citing pressure from 'some sectors' for his departure, as stated in his resignation letter.

What recent internal issues at Codelco preceded Pacheco's resignation from the lithium joint venture?

Pacheco's resignation followed heightened scrutiny of Codelco after the company fired an executive and disciplined others over improperly reported 2025 copper production.

Exiting Chair of Chile's Codelco Also Leaves Lithium Post

May 25, 2026

Maximo Pacheco, outgoing chairman of Chile's Codelco, resigned from the board of lithium joint venture Nova Andino Litio amid scrutiny over copper production reporting.

Reuters

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