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SQM expects to close Codelco lithium deal by May 31 deadline

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LITHIUM
Chilean mining company SQM, the world's second-largest lithium producer, expects to meet a May 31 deadline to finalise a joint venture with state-run miner Codelco, SQM's CFO, Gerardo Illanes, said on Thursday. Some analysts had cautioned the deal could be delayed after an earlier deadline was extended two months due to complexities in the negotiation, and flagged a high-profile dispute between SQM and shareholder Tianqi Lithium as a risk.
 
 
 
 
 

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