The more likely scenario is SQM.IMO.They want to remain a key...

The more likely scenario is SQM.IMO.
They want to remain a key world player in the Li sector however their current mines in Chile will not be able to expand in time, if at all, to meet predicted lithium demand now forecasted and they will loose customers and market share.
hence the recent SQM shareprice fall.
Earl Grey is the solution in providing Li OH  to their customers in QTR4 2021 
Will they try and buy it outright, continue with deal as is, whatever, it all looks good for KDR holders.