NYSE:SQMChemicals
Sociedad Química y Minera de Chile (NYSE:SQM): Evaluating Valuation After China Approves Codelco Lithium Joint Venture
China's market regulator has conditionally approved the lithium joint venture between Sociedad Química y Minera de Chile (NYSE:SQM) and Codelco, allowing this public-private initiative in the Atacama Salt Flat to advance. This move fits squarely within Chile's push for greater state involvement in lithium production and comes with commitments around supplying lithium to Chinese buyers.
See our latest analysis for Sociedad Química y Minera de Chile.
Momentum is definitely building for Sociedad...