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Julio Ponce to sell SQM stake

Julio Ponce, former chair of Chilean lithium firm SQM, is to auction 2.5 million B-series shares held by the Pampa Calichera company, a holding worth about US$126 million.

Julio Ponce to sell SQM stake Julio Ponce to sell SQM stake Julio Ponce to sell SQM stake Julio Ponce to sell SQM stake Julio Ponce to sell SQM stake

Julio Ponce selling SQM shares

Ponce's ownership position in SQM has been controversial in Chile for many years due to his links to the former military dictatorship, as the former son-in-law of dictator Augusto Pinochet.