December 3, 2018 / 12:40 PM / 16 days ago

China's Tianqi purchases quarter stake in lithium miner SQM for $4.066 billion

SANTIAGO (Reuters) - China’s Tianqi purchased on Monday a 23.77 percent stake in Chile lithium producer SQM for a total package price of approximately $4.066 billion, Chile’s stock exchange said.

The stake was sold at $65 per share.

Reporting by Antonio De la Jara; Editing by Chizu Nomiyama

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