Hints and tips:
Fears of regional war grow after Iran strike.
$1.1bn deal comes after Australian billionaire thwarts Liontown takeover
...Chile’s lithium reserves are concentrated in the brine lakes beneath salt flats such as the Salar de Atacama, a 3,000km² expanse in the middle of the desert....
Partnership is first step in President Gabriel Boric’s national strategy for battery metal
...The company is in talks with state-owned copper mining group Codelco about renegotiating its agreement for the world’s best lithium resources in the Salar de Atacama, which is set to expire in 2030....
Leftwing leader Gabriel Boric also promises to impose stricter environmental rules
...There, Sociedad Química y Minera and Albemarle produce a third of the global lithium supply from hypersaline “brine” waters under the Salar’s salty crust....
...An environmental court in Antofagasta late last week upheld a complaint made by local communities about the use of water by Sociedad Química y Minera de Chile (SQM) in the Atacama Desert....
...“There is a consensus that the market will continue with a more than healthy growth,” Mr de Solminihac said....
...Patricio de Solminihac, 63, will be replaced by Ricardo Ramos Rodríguez, the current chief financial officer, in January, the Santiago-based company said....
Acquisition from Chile’s SQM for $87.5m a vote of confidence in lithium market
...Tianqi Lithium has paid $4.07bn for a 24 per cent stake in Chilean rival Sociedad Química y Minera, further boosting China’s influence over the global supply chain for electric car batteries....
...“We will evaluate the timing for future expansions in the Salar de Atacama based on market conditions,” SQM chief executive Patricio de Solminihac said....
Move to halt sale of stake in miner to Tianqi could ‘leave negative influences’
...Chilean producer Sociedad Quimica Y Minera de Chile, known as SQM, on Wednesday said it had resolved a long-running dispute with Chile allowing it to ramp up production of the metal....
...Sociedad Química y Minera de Chile (SQM) accounts for more than 20 per cent of the world’s lithium supply, making it one of five companies that dominate the global market alongside China’s Ganfeng, Tianqi...
Albemarle and SQM hit as Morgan Stanley warns metal price may plunge 45 per cent
...On Wednesday, Sociedad Quimica y Minera de Chile, or SQM, said it had resolved a long-running dispute with Chile, striking an agreement to expand production to meet demand from electric cars....
...Quimica & Minera de Chile SA....
...Is Rio Tinto on the verge of buying into $15bn lithium producer Sociedad Química y Minera de Chile?...
...Potash is selling its stake in Sociedad Química y Minera de Chile, or SQM, to meet regulatory conditions governing the Canadian company’s merger with Agrium, the Calgary-based fertiliser group....
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