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Battle for lithium giant SQM to heat up as Ponce loosens grip

The contest to control SQM, one of the world’s largest lithium producers, is set to intensify in the coming weeks after Chilean businessman Julio Ponce finally relinquished control of the company after almost three decades in charge.

Tom Azzopardi in Santiago
Battle for lithium giant SQM to heat up as Ponce loosens grip

On April 30, SQM announced that Ponce's investment vehicle Pampa Calichera and Japan's Kowa Corporation had terminated an agreement through which the Chilean has exercised power at the minerals company...

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