News Articles for SQM

Wesfarmers and SQM's Covalent Lithium has engaged Iron Mine Contracting for more than three years' worth of mining service work at the Mt Holland operation near Southern Cross.

Duncan Stewart, the brother-in-law of then-Kidman chief executive Martin Donohue, has been sentenced for insider trading in relation to the Wesfarmers takeover of Kidman Resources.

Local lithium stocks closed with double-digit declines on the local bourse, following reports that CATL is restarting its globally significant lithium mine in China

Founding Azure Minerals managing director and chief executive Tony Rovira has stepped down from the company, following this year's acquisition by Hancock Prospecting and SQM.

In tough recent times for many junior mining companies on the ASX, luring a financially-powerful “big dog” onto the share register to provide some much-needed muscle has become a common boardroom pursuit. Bulls N' Bears takes look at some of those companies which have received both a timely cash injection and a share price boost up to recent highs.

Lycaon Resources has won a tenement ballot for a highly-prospective new lithium and copper project in Western Australia's Pilbara region. The tenement, in addition to four other applications, lies adjacent to the Marble Bar and DOM's Hill projects that are held in a joint venture by Kali Metals and lithium major Sociedad Química y Minera de Chile (SQM).

SH Mining has completed its $1.7 billion takeover of Australian mineral exploration company Azure Minerals at a price of $3.70 per share.

The Foreign Investment Review Board has given its tick to a move from a joint venture between Gina Rinehart's Hancock Prospecting and Chilean lithium giant SQM for Azure Minerals.

Shareholders in takeover target and lithium hopeful Azure Minerals have overwhelmingly voted in favour of Hancock Prospecting and SQM's $1.7 billion offer.

SQM boss Ricardo Ramos is robustly confident lithium prices will lift by the end of the year, speaking at the official opening of the Mt Holland lithium project.

Hancock Prospecting has urged Azure Minerals shareholders to back the $1.7 billion takeover offer to “avoid future challenges and uncertainties” amid market volatility.

The annual Business News corporate finance survey has highlighted the top advisers in the WA market and the emergence of a new style of strategic investor.

Gina Rinehart's Hancock Prospecting has partnered with Chilean lithium giant SQM in a new $1.7 billion bid for lithium takeover target Azure Minerals.

Mineral Resources boss Chris Ellison has labelled SQM's takeover of Azure Minerals as “dead in the water” while also shedding light on his lithium acquisition strategy.

Western Australia's resources middle tier could be at the heart of $170 billion in GDP growth by 2040, but only if the nation acts on its critical minerals opportunities, according to PwC.

Mineral Resources has bought a 12.3 per cent stake in Azure Minerals, adding to intrigue around the takeover target after Hancock Prospecting also bought a big stake.

Gina Rinehart's Hancock Prospecting has confirmed a strategic 18 per cent stake in lithium takeover target Azure Minerals, which has just agreed to a friendly $1.6 billion deal with SQM.

Chilean lithium giant SQM has struck a $1.63 billion deal to acquire Mark Creasy-backed Pilbara battery metals explorer Azure Minerals, but a share raid this morning has clouded the transaction.

Perth-based explorer Azure Minerals is set to receive a $20 million investment from global lithium producer SQM to boost its Pilbara project.