Australian lithium miner Azure agrees to $1b takeover bid from Chile's SQM

Australian lithium miner Azure agrees to $1b takeover bid from Chile's SQM

Australia’s Azure Minerals Ltd said on Thursday it had agreed to a takeover offer from Chilean mining giant Sociedad Química y Minera de Chile (SQM), in a deal implying an equity value of A$1.63 billion ($1.03 billion) for the lithium producer.

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