Chile’s mining minister urges SQM, Tianqi to resolve spat

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Chile’s mining minister urges SQM, Tianqi to resolve spat
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Brine pools and processing areas of SQM’s lithium mine on the Atacama salt flat, the world’s second largest. (

Chile’s mining minister on Wednesday urged Chilean miner SQM and China’s Tianqi Lithium Corp, a major shareholder in the company, to resolve their ongoing spat, but refrained from weighing into their private matter.in the firm’s talks on a partnership with state copper producer Codelco. The Chinese company’s view was later challenged by SQM’s board chairman.

“We naturally urge the internal differences that SQM may have with its partners to be resolved,” Mining Minister Aurora Williams told reporters, adding however that she had “no opinion” on how the firm deals with its board and shareholders.Vale buys 45% stake in Alianca Energia for $541 million The deal would give Vale 100% ownership of the energy company, which has assets including seven hydroelectric plants and three wind units.Lundin Gold grows Fruta del Norte reserves

Much of the reason the M+I resources grew was due to reclassifying inferred material to indicated in areas immediately beyond the current reserve boundary.

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