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Rio Tinto, China's private equity prepare to bid for lithium producer SQM

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LITHIUM
Rio Tinto, Canada's Wealth Minerals and Chinese private equity firm GSR Capital are considering a bid for a stake in Chilean lithium producer SQM (Sociedad Quimica Y Minera), banking sources told Reuters. Canada's Potash Corp of Saskatchewan must divest its 32% stake in the Chilean company as part of its merger with rival Agrium.
 
 
 
 
 

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