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ASX-listed Azure Minerals has attracted a A$20 million investment from Chilean lithium and chemicals giant SQM.
Pegmatite sampling at Andover
SQM has made an initial $4.2 million investment in Azure at 25.64c, a 13.9% premium to Azure's last closing price on Friday.
The two-stage transaction will see SQM invest a further $15.
Investment to fund ongoing gold exploration
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