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SQM braces for the worst of Chile lithium plans

Shareholders of Chilean lithium producer SQM have been heading for the exit in droves following plans by Chile’s president Gabriel Boric to nationalise the lithium sector last week.

Paul Harris
SQM's lithium operations in Chile

SQM's lithium operations in Chile

Boric said the government would respect existing contracts with SQM and rival Albemarle, which both produce lithium from the Atacama salt flat in northern Chile, but would like them to negotiate contracts...

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