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Australian lithium miner Azure Minerals Ltd. has been approved for a takeover by billionaire Gina Rinehart's private company Hancock Prospecting Pty Ltd. and partner Sociedad Química y Minera de Chile. The deal values Azure at A$1.7 billion and will be subject to approval by the Supreme Court of Western Australia. This acquisition comes amidst a wave of mergers and acquisitions in Australia's lithium industry, despite a decline in lithium prices, due to the metal's importance in the energy transition. [Extracted from the article]

Azure Minerals has entered into a joint bid transaction with Sociedad Quimica y Minera de Chile (SQM) and Hancock Prospecting to acquire 100% of Azure's shares for AUS$3.65 per share. This offer supersedes a previous offer from SQM that valued each Azure share at AUS$3.52 in cash. The deal, which has the support of Azure's major shareholders, is subject to regulatory and competition law approvals but does not require financing or due diligence conditions. [Extracted from the article]

Chilean-mined lithium, which is used for electric vehicle (EV) batteries, will be eligible for US tax benefits, according to the Chilean government. The US Inflation Reduction Act (IRA) provides subsidies for EVs based on their battery metal sourcing, and Chile, as the world's second largest lithium producer, has a free trade agreement with the US. Under IRA rules, a certain percentage of critical minerals in EV batteries must come from the US or a country with a free trade agreement. The tax breaks aim to incentivize Chile's export of raw lithium materials, cathode material, and lithode byproducts. [Extracted from the article]

Hyundai Motor Group has signed a long-term agreement with Chilean mining group Sociedad Quimica y Minera de Chile (SQM) for the supply of lithium hydroxide for its electric vehicle (EV) batteries. This is the automaker's third direct long-term lithium hydroxide supply contract this year, as it aims to secure access to low-cost lithium. Global lithium hydroxide prices are currently at a three-year low, and Hyundai plans to increase EV production in the US later this year. SQM highlighted Hyundai and Kia's decision to secure a portion of their future lithium hydroxide supply from them, citing their qualities as a leading lithium supplier with growth plans, operational capabilities, expertise, high quality standards, and environmentally sustainable production. [Extracted from the article]

Chile's Codelco and SQM have reached a deal on a lithium partnership that will allow them to produce an additional 300,000 metric tons of lithium carbonate equivalent by 2030. The deal involves Codelco taking a majority stake in SQM's lithium business in Chile. However, several conditions need to be fulfilled before the partnership can be formed, including consultation with Indigenous communities near the Atacama salt flat. The agreement has faced opposition from some of these communities. [Extracted from the article]

Codelco is currently negotiating with fellow Chilean miner Sociedad Quimica y Minera (SQM) to create a lithium production partnership, the chairman of the state-owned copper producer told Fastmarkets. [ABSTRACT FROM AUTHOR]

Chilean miner Sociedad Quimica y Minera (SQM) is continuing its capacity expansion plans in both Chile and China, while eyeing further geographical expansion, the company said during its earnings call on Thursday August 17, following the release of its second-quarter results. [ABSTRACT FROM AUTHOR]

The article highlights recent developments in the chemical industry, including acquisitions, operational updates and financial forecasts for major companies. Topics include acquisitions, operational updates, financial forecasts, carbon capture, hydrogen production and market conditions. It focuses on recent activities and future plans within the chemical sector.

South Korean battery maker LG Energy Solution has renegotiated its offtake deal for supplies of lithium with Chilean miner Sociedad Quimica y Minera (SQM), they announced on Wednesday July 5. [ABSTRACT FROM AUTHOR]

The ongoing negotiations between Codelco and Sociedad Quimica y Minera de Chile (SQM) can produce a win-win situation for both parties if some principles are followed, according to Professor Tom Moerenhout at Columbia University's School of International and Public Affairs and its Center on Global Energy Policy. [ABSTRACT FROM AUTHOR]

US carmaker Ford has secured long-term supplies of battery-grade lithium from major producers Albemarle and Sociedad Quimica y Minera (SQM), to comply with the credit scheme in the country's Inflation Reduction Act (IRA) legislation, it said on Monday May 22. [ABSTRACT FROM AUTHOR]

Sociedad Quimica y Minera (SQM) foresees global lithium demand reaching 1.5 million tonnes by 2025 and expects total demand to grow by at least 20% year on year in 2023, the Chilean miner said. [ABSTRACT FROM AUTHOR]

The Chilean company expects to increase its lithium capacity to 210,000 tons - including 100,000 tons of lithium hydroxide capacity - as it sees demand soaring to almost 1.5 million tons by 2025, Sociedad Quimica y Minera de Chile SA, as it's formally known, said in its fourth-quarter earnings statement on Thursday. (Bloomberg) -- Lithium producer SQM laid out a $3.4 billion capital expenditure plan for 2023 to 2025, with more than half earmarked for investment in the battery metal as EV sales take off. [Extracted from the article]

The article focuses on Mineral Resources Ltd.'s intention to sell its stake in Azure Minerals Ltd., potentially facilitating a joint takeover bid by Sociedad Quimica y Minera de Chile SA (SQM) and Hancock Prospecting Pty Ltd. Topics include investment decisions, joint bids and strategic maneuvers in the mining industry.

The article reports that Livent Corp. has completed an all-stock merger with Allkem Ltd., forming the combined company Arcadium Lithium PLC, which boasts a pro forma 2022 revenue.

Sociedad Quimica y Minera (SQM) will link the majority of its lithium supply contracts with customers to market-based pricing mechanisms in the upcoming year, company representatives said during a conference call to discuss the Chilean miner's third-quarter earnings. [ABSTRACT FROM AUTHOR]

The article discusses about the most profitable non financial companies in Latin America with a focus on financial leverage on equity in companies, distribution assets and business transformation in electricity firms of Brazil.

Sociedad Quimica y Minera (SQM) reported strong revenues for the first quarter of 2022, with earnings in its lithium division increasing strongly, the Chilean lithium and iodine miner said on Thursday May 19. [ABSTRACT FROM AUTHOR]

Chilean lithium miner Sociedad Quimica y Minera (SQM) and South Korean battery major LG Energy Solution are to work more closely in developing joint-venture projects across the "electro-mobility value chain," the companies said on Tuesday May 10. [ABSTRACT FROM AUTHOR]

The article discusses the challenges faced by the largest lithium chemical exporters in Latin America such as the Sociedad Química y Minera de Chile (SQM), Albermale and Minera del Altiplano especially during the Covid-19 pademic period in september, 2020. The article also focuses on the increasing demand for lithium hydroxide in recent times, challenges in lithium mining and foreign investments in lithium mining in Latin America.

A summary of results for the lithium division of Chilean producer Sociedad Quimica y Minera (SQM) for the fourth quarter of 2021, taken from its quarterly update published on Wednesday March 2. [ABSTRACT FROM AUTHOR]

The article focuses on PPG Industries investing 44 million U.S. dollar to expand powder coatings production capacities in the U.S. and Latin America, aiming to enhance capabilities and meet the growing demand for sustainable solutions.

The article offers information on the operation of General Electric (GE) box-cab electrics which carry chemical freight through Atacama Desert in Chile. It states that the Ferrocarril de Tocopilla al Toco from Sociedad Quimica y Minera de Chile transports Atacama's nitrate-filled plain. It offers an overview of the construction of several railroad and nitrate extraction from El Toco.

The article focuses on elemental iodine chemical symbol I which has heaviest of naturally stable halogens and mentions that the source of iodine production are subsurface brines associated with oil and natural gas deposits. Topics discussed include how seaweed extracts and accumulates seawater on dry weight basis, 2016 world production of iodine estimated by the U.S. Geological Survey (USGS) and how supplier of iodine Sociedad Quimica y Minera de Chile S.A. (SQM) competed for market share.

A summary of results for the lithium division of Chilean producer Sociedad Quimica y Minera (SQM) for the second quarter of 2021, taken from its quarterly update published on Wednesday August 18. [ABSTRACT FROM AUTHOR]

A summary of results for the lithium division of Chilean producer Sociedad Quimica y Minera (SQM) for the first quarter of 2021, taken from its quarterly update published on Wednesday May 19 and its earnings conference call on May 20. [ABSTRACT FROM AUTHOR]

The article discusses the success of Sociedad Quimica y Minera de Chile S.A., (SQM) a company that manufactures specialty fertilizers and chemicals, under the leadership of chief executive Patricio Contesse. Topics covered include the net margin achieved by SQM in 1996, the advantages of the company's marketing strategy, and Contesse's initiative of encouraging employees to become shareholders by offering them low-interest loans.

With demand for lithium continuing to recover in the wake of the Covid-19 pandemic, Chile's Sociedad Quimica y Minera (SQM) and other major lithium miners have announced plans to expand production while highlighting their commitments to sustainable lithium extraction. [ABSTRACT FROM AUTHOR]

A summary of results for the lithium division of Chilean producer Sociedad Quimica y Minera (SQM) for the fourth quarter of 2020, as shown in its quarterly update published on Wednesday March 3. [ABSTRACT FROM AUTHOR]

The board of Chilean lithium producer Sociedad Quimica y Minera (SQM) has approved the company's investment in the Mount Holland lithium project in Western Australia, it said on Wednesday February 17. [ABSTRACT FROM AUTHOR]

Chilean lithium producer Sociedad Quimica y Minera (SQM) shareholders have approved a plan to raise $1.1 billion through the sale of common stocks, the company said on Friday January 22 as part of its expansion plan across its product range, which includes lithium and other industrial chemicals. [ABSTRACT FROM AUTHOR]

Chilean lithium producer Sociedad Quimica y Minera (SQM) has signed a long-term supply agreement for high quality lithium cathode material with LG Energy Solutions, it said on Tuesday December 22. [ABSTRACT FROM AUTHOR]

Chilean lithium miner Sociedad Quimica y Minera (SQM) unveiled on Thursday October 8 its sustainable development plan intended to reduce the environmental consequences of its operations. [ABSTRACT FROM AUTHOR]

Following recent concerns on the use of water for its lithium extraction operations, the Chilean lithium producer Sociedad Quimica y Minera (SQM) is working on a new environmental compliance plan with major stakeholders in the lithium-rich Salar de Atacama desert, including indigenous communities. [ABSTRACT FROM AUTHOR]

A summary of results for the lithium division of Chilean producer Sociedad Quimica y Minera (SQM) for the first six months of 2020, as shown in its half-year report published on Wednesday August 19. [ABSTRACT FROM AUTHOR]

The article presents the author's insights on the aspects of the enforcement action involving Sociedad Química y Minera de Chile (SQM), a Chilean chemicals and mining firm, under the U.S. Foreign Corrupt Practices Act (FCPA). Topics discussed include violations of the FCPA, the schemes used by the company to hide various payments, and the anti-corruption law in the U.S.

The article reports that lithium producer Quimica y Minera de Chile SA has planned to invest to boost output and mentions that the firm is undeterred by demand and oversupplied market that have sent prices of declined raw material costs. Topics discussed include views of Ricardo Ramos, chief executive officer (CEO) at the firm, on the same, planning of business expansion by the firm and supply from new mines in Australia.

The article reports that lithium producer Quimica y Minera de Chile SA has planned to invest to boost output and mentions that the firm is undeterred by demand and oversupplied market that have sent prices of declined raw material costs. Topics discussed include views of Ricardo Ramos, chief executive officer (CEO) at the firm, on the same, planning of business expansion by the firm and supply from new mines in Australia.

Chilean lithium miner SQM expects to triple its sales volumes by 2025, to 150,000 tonnes per year of lithium compounds, up from the 45,100 tonnes of such materials sold in 2018. [ABSTRACT FROM AUTHOR]

The latest metal markets news and price moves to start the North American day on Friday December 14. [ABSTRACT FROM AUTHOR]

Tianqi's recent purchase of a stake in SQM is the latest in a series of deals showing how participants at different stages of the supply chain are opting to strengthen their position through vertical partnerships. Meanwhile, consumers are keen to lock in feedstock supply through offtake agreements. [ABSTRACT FROM AUTHOR]

Chinese lithium producer Tianqi Lithium has purchased 23.77% of A shares in Sociedad Quimica y Minera (SQM), which were previously owned by Canada's Nutrien. [ABSTRACT FROM AUTHOR]

Chilean lithium producer Sociedad Quimica y Minera de Chile (SQM) sold 15% less lithium carbonate quarter-on-quarter in July-September 2018, it said in an announcement preceding its third-quarter earnings statement. [ABSTRACT FROM AUTHOR]

The article looks at the use of lithium production industry, noting that the need for the substance in battery manufacturing. It reports that the price of lithium carbonate has risen sharply and discusses where lithium resources are located globally and the degree of concentration in the lithium industry. Topics include China-based conglomerate CITIC's effort to acquire a share of Chilean mining firm Sociedad Química y Minera de Chile (SQM) and the limitations of lithium-ion batteries.

Focuses on developments related to chemical industry in Chile as of August 2, 1999. Growth of inorganic chemical company Sociedad Quimica y Minera de Chile's international business operations; Impact on other inorganic chemical companies' operations. INSET: Chemicals in Chile: A key manufacturing sector..