The U.S. mining conglomerate Renco Group spent over $80,000 in the first quarter and retained five lobbying firms in a push to convince Washington to help its embattled smelting company in Peru, according to lobbying filings. This comes after the company spent $245,000 on fees to outside lobbyists to work on the issue of Doe Run Peru in the final two months of last year.
Meanwhile, this month Renco initiated arbitration against Peru, and in its notice to commence proceedings in December, it asked for no less than $800 million in damages for what it alleges are ...
Continue reading