Chilean regulator to investigate SQM stake sale
Published: Tuesday, 19 June 2018
National development agency Corfo has lodged a complaint against the sale, alleging the deal could threaten local lithium availability.
Chile’s National Economic
Prosecutor's Office (FNE) is investigating the sale of a 24%
stake in SQM, the country’s largest lithium
producer, to Chinese miner Tianqi.
The deal comes at a time when lithium prices have soared
thanks to increased demand from the electric vehicle sector,
which requires lithium...