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Azure rejects SQM takeover offer as potential future flashpoint looms

AZURE Minerals has knocked back an indicative offer of more than A$900 million from Chile lithium major SQM.

Michael Quinn
This ground currently has a claimed value of more than $1.5 billion

This ground currently has a claimed value of more than $1.5 billion

The offer values the Andover lithium discovery at circa $1.5 billion - with Azure having a 60% stake and prospector Mark Creasy 40% - notwithstanding the nickel-copper resources also found on the ground...

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