Tag: Sociedad Química y Minera de Chile S.A. (SQM)

• Wednesday, October 3rd 2012 - 01:29 UTC

  Chile revokes lithium concession; triggers major scandal on “strategic minerals”

  

  Chile revoked the concession awarded to Sociedad Quimica y Minera de Chile to exploit substantial reserves of lithium in the Andes region, acknowledging problems with the tender process.

• Tuesday, September 25th 2012 - 14:22 UTC

  Chilean company and global leading lithium producer strengthens market position

  

  The world leading lithium producer SQM has won a tender to develop a lithium concession in Chile, which produces around 40% of the metal, used widely in hybrid vehicles and computer and smart-phone batteries, the Mining Ministry said on Monday.