Oro Blanco
| Company type | Sociedad Anónima |
|---|---|
| BCS: ORO BLANCO | |
| Industry | Holding |
| Founded | 1983 |
| Headquarters | , |
Key people | Julio Ponce Lerou, (Chairman) Aldo Motta Camp, (CEO) |
| Products | Investment |
| Revenue |  US$ 5.0 million (2011) |
 US$ 323.0 million (2011) | |
| Parent | Norte Grande |
| Subsidiaries | Calichera |
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.
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
[edit]- ^ Have Researchers Discovered a New 'Superfuel' 1,693 Times More Powerful Than Gasoline? http://www.snopes.com/new-superfuel/ Accessed Aug 1 2017.