October 24, 2017 / 1:51 AM / a year ago

China's Sinochem says has no plans to bid for stake in Chilean lithium producer SQM

BEIJING, Oct 24 (Reuters) - China’s state-owned Sinochem Group on Tuesday appeared to deny media reports that it was bidding for a stake in Chilean lithium producer SQM being sold by Canada’s PotashCorp.

“Up until now, neither Sinochem Group nor our subsidiaries have had such intentions or plans,” the company said in response to a request for comment from Reuters.

Reporting by Tom Daly

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