Miner is struggling with weak production after a strike at its Peñasquito mine had shuttered operations since June.

SQM previously saw its $585 million offer turned down.

The world's fourth-largest iron ore miner shipped 45.9 million tonnes of iron ore for the quarter ended Sept. 30.

Despite Tuesday’s sharp drop, Teck has still outperformed most of its rivals this year.

O’Rourke will stand for election at the annual general meetings of the company in 2024.

Pre-commissioning has started in part of the crushing circuit.

The government of Malaysia said it will allow the miner to import raw materials containing natural radioactive material.

Hedge fund and a minority investor Bell Rock is against the miner's decision on the recent $4.1 billion acquisition of BHP's metallurgical coal mines.