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Sunday, March 24, 2024

Tianqi seeks shareholder voting power in Chile's SQM-Codelco lithium deal

 

China's Tianqi Lithium Corp on Friday urged Chile's SQM to hold a shareholders vote over a lithium deal under discussion with state-run copper miner Codelco, and criticized a lack of clarity in the negotiations. Tianqi holds about a 20% stake in SQM, which is ironing out the details of a joint venture with Codelco as part of a government mandate to boost state control over the lithium industry.

https://www.reuters.com/markets/commodities/tianqi-seeks-shareholder-voting-power-chiles-sqm-codelco-lithium-deal-2024-03-23/

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