China’s CITIC signals interest in buying SQM stake

By Myles McCormick
Published: Tuesday, 29 December 2015

Filings with the Chilean regulator indicate that the Chinese investment group is poised to bid for the indirect stake held in the lithium, iodine and potash miner by holding company Oro Blanco.

Chinese investor CITIC CLSA Capital Markets Ltd has indicated an interest in buying an indirect stake in Chilean miner Sociedad de Quimica y Minera SA (SQM), currently being sold by holding company Sociedad de Inversiones Oro Blanco SA.

Banco Itau Argentina, which is overseeing the sale of Oro Blanco’s stake,...

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