Chinese private equity firm GSR Capital is looking to purchase stake of around 20%, worth roughly $1.9bn, in one of the world's largest lithium producers, Chile's Sociedad Quimica Y Minera, sources have said. Chinese private equity firm GSR Capital is looking to buy a substantial holding in Chile's Sociedad Quimica Y Minera (SQM), one of the world's biggest lithium producers, according to two sources with knowledge of the matter. The deal would be a major boost for China's lithium industry, which has been struggling with overcapacity and low prices.
Chinese private equity firm GSR Capital is looking to purchase stake of around 20%, worth roughly $1.9bn, in one of the world's largest lithium producers, Chile's Sociedad Quimica Y Minera, sources have said. The deal would be a major boost for China's lithium industry, which has been struggling with overcapacity and low prices.