SQM Mining News

Indian regulator approves Nutrien’s sale of stake in SQM to Tianqi

The Competition Commission of India green-lighted the $4.1 billion deal reached in May between the Canadian potash giant and China’s Tianqi Lithium.

Chile antitrust watchdog probing Tianqi buy of lithium miner stake

The country's antitrust regulator is investigating the effects on the market of Chinese miner Tianqi Lithium acquisition of a 24% stake in SQM, the world's second largest lithium producer,

Australia takes over Chile as world’s No.1 lithium producer

It produced 4,600 tonnes of lithium more than Chile in 2017 boosted mainly by record output at Mt Cattlin and Mt Marion mines.

Chile's SQM hires ex-chairman Ponce as adviser, government says

SQM has retained former chairman Julio Ponce as an adviser despite an agreement to distance himself from the firm to end a long-running royalties dispute.

Shares in lithium giant fall on disappointing auction

Chilean lithium producer SQM shares punished after $1 billion of shares auctioned below ruling price.

In lithium hot spot, ghost towns recall another boom gone bust

While lithium today isn’t the linchpin of Chile’s economy (that would be copper), miners are aggressively expanding production.

Lithium price: Massive supply response gets underway

SQM, world no 3 lithium miner, plans to nearly quadruple capacity in fewer than three years – to the equivalent of 84% of global output last year.

Chile's SQM says will boost lithium capacity by 2021

Chilean miner SQM said on Thursday that it would invest $525 million to boost its lithium production capacity in Chile through 2021.

China tightens grip on global battery metals with Chile deal

Chengdu-based Tianqi is seeking to almost triple production capacity through 2020.

It's time to regulate the lithium cartel

There is an emerging oligopoly in one of the hottest elements on the periodic table, lithium.

China’s Tianqi Lithium buys minority stake in SQM for $4.1bn

The Asian firm has bought a 24% stake in Chile’s Sociedad Quimica y Minera (SQM), one of the world’s biggest lithium producers.

Argentina luring Australian investors into its mining sector

The Deputy Secretary for Sustainable Mining is scheduled to meet with executives from Australia's largest mining companies and banks.

Nutrien speeds up sale of $4bn-stake in Chilean lithium giant SQM

The world’s largest potash miner said it expected to have an announcement on the matter by the end of June.

China lithium top player boosts investment in emerging Australian miner

Chinese companies continue to aggressively try securing steady supply of lithium, a key ingredient in the making of batteries that power electric cars.

Australian lithium miner, Chile's SQM choose site for new plant in West Australia

Kidman Resources has chosen a site in Kwinana, Western Australia with Chilean joint venture partner SQM to develop a lithium processing plant.

Why the lithium bears are wrong

What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market.

China says Chile move to block $5bn SQM lithium deal could be harmful

If China’s Tianqi grabs a stake in Chile’s SQM, the world’s lowest cost lithium miner, it would mean the top three producers would control at least 80% of the total market, Chile’s government has said.

World's lithium king is ready to unleash a flood of new supply

Soc. Quimica & Minera de Chile SA sits on the world’s richest deposit of lithium and already produces more than 20 percent of the global supply.

Banchile auctions 1.5 mln shares in Chile's SQM, raises $76 mln

SQM, which operates primarily in Chile's Salar de Atacama, is one of the world's largest and most cost-efficient producers of lithium.

SQM: lithium mining needs at least $10B investment over 10 years

"There is a legitimate concern on the side of the vehicle manufacturers."

BHP beats Tesla, BMW among top holdings in new electric vehicle ETF

New investors are being pulled into the mining industry as demand and prices for battery materials like lithium and cobalt spike.

Shareholders in Chilean lithium firm SQM move to shake up governance

The new proposal would create an exception to an existing company statute that regulates the voting power of SQM's shareholders.

New Chile govt undecided on blocking SQM sale to China firms -official

Chile development agency Corfo filed a complaint last week to block the sale of a 32% stake in SQM to China's Tianqi Lithium or any related entities.

Chile files complaint to block sale of SQM shares to Chinese companies

Chile’s antitrust regulator FNE will need to review the complaint.

The EV future is here and already boosting earnings for miners

“Look at what’s required over the next 50 years, 60 years, and known lithium on the planet, I don’t think it’s as much as everyone understands it to be.”