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Chile and Sociedad Quimica y Minera de Chile (SQM)

Chinese and Canadian firms seal Argentina lithium partnership

Mon, 11/05/2018 - 00:00 -- John Shepherd
The Cauchari-Olaroz project. Photo: Lithium Americas

China's largest lithium compounds producer, Ganfeng Lithium, and Canada’s Lithium Americas (LA) have finalised a deal to develop and operate Argentina’s Cauchari-Olaroz lithium brine project.

Ganfeng has acquired a 37.5% interest in Minera Exar, the holding company for Cauchari-Olaroz, from Chilean mining firm Sociedad Quimica y Minera de Chile (SQM). LA will hold the remaining 62.5%. 

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Tesla mulls lithium investment in Chile

Mon, 02/05/2018 - 11:03 -- John Shepherd
Tesla mulls lithium investment in Chile

BBB has confirmed that Tesla is considering proposals to invest in lithium production in Chile— and that the carmaker could also support the launch of a battery cathodes production facility in the country.

The CEO of Chilean Economic Development Agency (Corfo), Eduardo Bitran (pictured), met Tesla bosses in the US recently to discuss a potential initial investment in Chilean lithium producer Sociedad Quimica y Minera de Chile (SQM), the agency told BBB this week.

 

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Lithium concerns as South America’s biggest supplier faces legal action.

Mon, 07/20/2015 - 11:22 -- Paul Crompton
Lithium concerns as South America’s biggest supplier faces legal action.

Chile and Sociedad Quimica y Minera de Chile (SQM) – the world’s largest producer of lithium – is currently in arbitration proceedings, and the outcome could have a serious implications on lithium supplies and prices.

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