Original article by Peter Ker
The Australian Financial Review – Page: 15 : 24-Oct-23
Chilean lithium company SQM looks set to acquire Pilbara lithium explorer Azure Minerals, which asked for a halt in trading of its shares on Monday ahead of a "potential change of control transaction". Most assume that SQM is the company being referred to, as it offered in July to pay $2.31 per share for Azure in a deal that valued it at close to $1 billion. It was the second deal involving SQM and the Pilbara on Monday, with SQM to pay Gary Morgan’s Haoma Mining $2.5 million for a stake in lithium exploration company Pirra, which is also looking in the area.
CORPORATES
SOCIEDAD QUIMICA Y MINERA SA, AZURE MINERALS LIMITED – ASX AZS, HAOMA MINING NL, PIRRA LITHIUM PTY LTD