Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-7685

First 7685 Last

Share
Profile

Follow
hamstersam

135 Posts.

12

22/11/17

20:49

Post #: 29035550
Share

Originally posted by 8horse ↑

NOVEMBER 21, 2017 / 7:31 PM / UPDATED A DAY AGO
Rio Tinto, China's private equity prepare to bid for lithium producer SQM
Reuters Staff

LONDON/VANCOUVER (Reuters) - Rio Tinto RIO.L), 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) SQMa.SN, banking sources told Reuters.

An aerial view shows the brine pools and processing areas of the Soquimich (SQM) lithium mine on the Atacama salt flat, the world's second largest salt flat and the largest lithium deposit currently in production, with over a quarter of the world's known reserves, in the Atacama desert of northern Chile, January 10, 2013. REUTERS/Ivan Alvarado
Canada’s Potash Corp of Saskatchewan (POT.N) (POT.TO) must divest its 32 percent stake in the Chilean company as part of its merger with rival Agrium Inc (AGU.TO).

Expand

Any implications for AVZ other than that this shows Chinese interest in securing lithium projects?

AVZ Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

This thread is closed.

You may not reply to this discussion at this time.

There are more pages in this discussion • 10,869 more messages in this thread...

First 7685 Last

Add AVZ (ASX) to my watchlist

SPONSORED BY