Chilean miner SQM’s board chairman challenged what he called the questionable motives of a major shareholder, China’s Tianqi Lithium Corp, the latest jab in an increasingly public spat over SQM’s planned partnership with state copper producer Codelco. Tianqi, a global lithium rival that holds about 20% of SQM shares, last week raised concerns over transparency in the talks with Codelco, which is slated to take a 50% plus one share stake in the new joint venture beginning in 2025 under a government policy aimed at boosting state control in Chile’s lithium industry.
https://wtvbam.com/2024/03/26/chile-lithium-miner-sqm-spars-with-china-partner-over-codelco-deal/
No comments:
Post a Comment