Oro Blanco

Oro Blanco ( BCS: ORO BLANCO) is an investment company based in Chile. Through its 83.23%-owned subsidiary Calichera, the company holds interests in the Chilean Chemical company SQM. The company's majority shareholder is Norte Grande, with 86.1% of its interests.

This article is about investment company. For citrus hybrid fruit, see Oroblanco.
Sociedad de Inversiones Oro Blanco S.A.
Sociedad Anónima
Traded asBCS: ORO BLANCO
IndustryHolding
Founded1983
Headquarters
Santiago
,
Chile
Key people
Julio Ponce Lerou, (Chairman)
Aldo Motta Camp, (CEO)
ProductsInvestment
Revenue US$ 5.0 million (2011)
US$ 323.0 million (2011)
ParentNorte Grande
SubsidiariesCalichera

According to the fact finding website, "snopes.com". The claims made by Oro Blanco, through a viral marketing advertisement created by Kent Moors, are fraudulent [1] The 'superfuel' turns out to be lithium, which is mined as the mineral lithium carbonate. Purified lithium is used in lithium-ion batteries (which include the batteries that power electric cars), though the advertisement persistently omits to mention the word "lithium".

References
  1. Have Researchers Discovered a New 'Superfuel' 1,693 Times More Powerful Than Gasoline? http://www.snopes.com/new-superfuel/ Accessed Aug 1 2017.
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