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New Chile govt undecided on blocking SQM sale to China firms – official

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LITHIUM M&A
Chile's new government is evaluating whether to support a petition filed by its predecessor to block the sale of a stake in top lithium miner SQM to a Chinese firm, a senior government official told Reuters on Friday. Chile development agency Corfo filed a complaint last week to block the sale of a 32% stake in SQM to China's Tianqi Lithium or any related entities or state-backed firms, saying it would "gravely distort market competition."
 
 
 
 
 

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