Bidders Vie for World's Top Lithium Producer

[Marina Schwarz + 1,576]

it seems that a lot of miners want a piece of SQM, which holds the biggest lithium reserves in the world and recently got the approval of the Chilean government to up its production capacity. The Chinese are particularly aggressive, apparently, but they have a good reason to be with all their EV plans and the fact that they are the biggest producer of lithium batteries.

[TraderTate + 186]

I'll put my money on the Chinese. Anyone will get a better deal out of the Chinese at this point. 

[Guillaume Albasini + 851]

Tianqi Lithium Corp. will pay $4.1 billion to buy Nutrien Ltd.’s 24 percent stake in Soc. Quimica & Minera de Chile SA, or SQM .

This move is fueling some fears about an emerging lithium cartel...

https://www.bloomberg.com/view/articles/2018-05-18/time-to-block-the-lithium-cartel