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Chilean government will not block a foreign takeover of SQM

By Myles McCormick
Published: Monday, 07 March 2016

The country’s environment minister has said that offers from abroad will not be stopped as speculation mounts over the purchase of a stake put up for sale late last year.

Authorities in Chile will not interfere with any attempt from abroad to take control of lithium, potash and iodine producer Sociedad de Quimica y Minera SA (SQM).

The country’s mining minister, Aurora Williams, made the announcement, reported by Reuters newswire, at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto yesterday....

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