Hi Sjlasx ...... surely they would be more interested in letting go of the SQM purchase
...if they could? ... I say this based on the environmental and political pressures, the negative history of SQM, pending court issues (https://www.reuters.com/article/us-...te-appeals-lower-court-decision-idUSKBN1ZE1PJ)
and ( from another share chat forum ) higher royalties since 2018,* and probably more...
Also Greenbushes has been ‘lucky’ for Tianqi, SQM not so lucky?
*23/05/2019; https://www.mining.com/worlds-no-2-lithium-miner-sqm-sees-demand-growing-by-17-this-year/ May 24,2019;
"SQM last year (2018) struck a deal with the government to more than triple production by 2025 in exchange for paying sharply higher royalties and offering discounted lithium to domestic value-added producers of battery components."
see also:
https://www.reuters.com/article/us-...cama-expansion-amid-price-slump-idUSKCN1ST2DX May 24,2019;
...."He said new royalties put in place by Chilean development agency Corfo last year, considered to be the highest in the world, had hurt profitability in the first quarter.
Payments to Corfo nearly quadrupled versus the previous period, from $12 million to $45 million, according to SQM’s earnings statement."
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