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Chile's Codelco aims to land partner for Maricunga lithium by next year
Chile's Codelco aims to land partner for Maricunga lithium by year. Chile's top copper producer is entering the lithium business. The company is also pursuing a joint venture with Chile's SQM in the Atacama salt flat. The state-run miner plans to select a partner for a future lithium project in the country's top salt flats.
Reuters · 4d ago
Deals of the day-Mergers and acquisitions
Singtel ruled out any impending deal to sell its Australian mobile operation Optus. Abu Dhabi alternative investor Lunate said it acquired a 40% stake in Abu Dhabi National Oil Company's oil pipeline assets. U.S. Steel X.N union says it will support Japanese firm's draft agreement to buy the company. Danish biotech Genmab agrees to buy cancer drug maker ProfoundBio for $1.8 billion.
Reuters · 04/03 09:50
Chile's mining minister urges SQM, Tianqi to resolve spat
Chile's mining minister urges Chilean miner SQM and China's Tianqi Lithium Corp to resolve spat. Tianqi holds about 20% of SQM shares. Chinese company raised concerns over transparency in the firm's talks on a partnership with Codelco. Mining minister urges internal differences to be resolved.
Reuters · 03/27 12:03
UPDATE 1-Chile names Atacama and Maricunga salt flats for state majority stake
Atacama and Maricunga salt flats for state majority stake in public-private partnerships for lithium extraction. Chile's government wants to boost state control over the country's lithium industry. The metal is a key battery material used to power electric vehicles. The government is interested in participating in other salt flats.
Reuters · 03/26 23:29
Chile lithium miner SQM spars with China partner over Codelco deal
Chile lithium miner SQM spars with China partner over Codelco deal. China's Tianqi Lithium Corp. Holds about 20% of SQM shares. SQM's board chairman challenges the motives of the company's major shareholder. Tianqi has raised concerns over a planned partnership with Chile's state copper producer.
Reuters · 03/25 22:10
UPDATE 1-Chile's SQM to pass mining concessions to Codelco in new partnership
Chile's SQM to pass mining concessions to Codelco in partnership. Chile's lithium-rich Maricunga salt flat to be transferred to state-run copper producer. The two companies hammered out a preliminary agreement in December. Chile is the world's second-largest producer of lithium.
Reuters · 03/21 22:05
Chile's SQM says it plans to pass mining concessions to Codelco in new partnership
Chile's SQM says it plans to pass mining concessions to Codelco in partnership. Chilean lithium miner plans to transfer mining concessions and other rights in Chile's Maricunga salt flat. SQM said it discussed plans for the partnership with state-run copper producer in shareholders meeting.
Reuters · 03/21 20:51
UPDATE 1-SQM, Codelco agree to extend deadline on tie-up terms to the end of May
Chilean miner SQM, Codelco agree to extend deadline on tie-up terms to the end of May. Chile is the world's top copper producer and second-largest lithium producer. Board member Xu Tieying to step down on April 24. Announcements come on eve of shareholders meeting.
Reuters · 03/20 21:15
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