SQM, Gina Rinehart's Hancock Agree to Buy Azure for $1.1 Billion

Azure Minerals Limited is an Australia-based mineral exploration company. The Company's principal activities include exploration for precious and base metals in Australia. Its projects include Andover Nickel-Copper Project, Turner River Gold Project, Coongan Gold Project and Barton Gold & Base Metals Project. The Andover Nickel-Copper-Cobalt Project is located immediately south of the town of Roebourne and approximately 35 kilometers (km) southeast of Karratha. It covers approximately 70 square kilometers (km2) in the West Pilbara region of Western Australia. The Barton Gold & Base Metals Project lies adjacent to the gold mining town of Kookynie, approximately 40 km south of Leonora in the Eastern Goldfields region of Western Australia. Turner River comprises two unexplored exploration license applications covering over 450 km2 located just south of Port Hedland. The Coogan Project is located in the eastern Pilbara about eight km to the west of Nullagine and covers an area of 141km2.