2023-11-17 01:41:35
The Izabal Nickel Processing Company, SA (PRONICO), reported that they have decided to liquidate more than 100 employees, due to the impossibility of operating due to the lack of renewal of export credentials by the Government of Guatemala through the General Directorate of Mining of the Ministry of Energy and Mines (MEM), which is why they call for urgent measures to renew them.
Perspective Writing
According to what was reported by PRONICO, a company dedicated to the processing of ferronickel and subsidiary of the Swiss company Solway Investment Group, they have done everything possible to maintain the payment of salaries to their collaborators in the last 12 months since the activities of said company in Guatemala. However, they indicated that, “given the current conditions of the company and despite having already obtained a license from the Office of Foreign Assets Control (OFAC) of the Department of the Treasury of the United States of America, we find ourselves in a difficult situation of liquidating 130 collaborators.”
As indicated, the payment of all corresponding labor benefits will be guaranteed, in accordance with Guatemalan labor legislation, including compensation for time served, vacation compensation, overtime, bonus and annual bonus (Bono 14). Credit. CGN-PRONICO.
THE CALL TO THE AUTHORITIES
In a press conference held at the end of October, executives from Solway and CGN-PRONICO indicated that the incorporation of personnel into the workforce depends on the companies receiving the aforementioned credentials; which is constituted as a technical right within the main exploitation license, these credentials are renewed annually and must be signed by the General Director of Mining of the MEM; However, weeks later, there is still no response from the institution.
“From PRONICO we reiterate our call to the Government of Guatemala and the Ministry of Energy and Mines to attend to our urgent request and grant export credentials, an inherent right within the main exploitation license, to our sister company, Compañía Guatemalteca de Níquel. , SA (CGN)”.
IN CONTEXT:
According to what has been stated, these credentials are essential to resume commercial activities as soon as possible. “We respectfully urge the Government of Guatemala to take urgent measures to renew export credentials, thus allowing the reactivation of our operations,” they say.
In this context, they consider that the lack of action in this regard not only affects the job stability of employees and the economic sustainability of the value chain, but also the socioeconomic development of the region.
MEM NO RESPONSE
Perspectiva requested a position regarding what was stated by PRONICO; However, at the closing of this note it was not possible to record the version of the MEM. If you agree with what was consulted, it will be added in this space.
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